News in Brief

Arium service

RISK modelling firm Arium has launched a specialist decision-making service to help insurance and risk professionals operate in a complex post-September 11 market. The service can be used to prepare a broad range of reports that outline key sensitivities and map out the distribution and expected loss as well as projected actual returns on business written. Arium sees this as crucial as the pressure increases to understand and justify decisions and results in an ever more sophisticated market. Clients can pay a daily fee for the service or buy the software and training to use it themselves.