Managing agents sign shared services modelling deal

Lloyd's and the Lloyd's Market Association (LMA) have
unveiled a deal with US hurricane model provider Applied Research
Associates to make its HurLoss model available on a shared services
basis using the Oasis framework.
Managing agents Ascot, Beazley, Barbican, Chubb, RenaissanceRe,
Tokio Marine Kiln, Scor-backed Channel, Starstone, Sompo Canopius
and XL Catlin will be supporting the deal.
Lloyd's and the LMA said that other managing agents may
participate in future arrangements for catastrophe