LONDON, May 24th 2021 – Insurance Capital Markets Research (ICMR), the specialist analytics and consulting firm founded by two former heads of analysis and research at Lloyd’s, today announced the launch of an equity index, the ICMR (Re)Insurance Specialty Equity Index (ticker symbols ‘RISX’, ‘RISXNTR’) and the appointment of Moorgate Benchmarks, the index company driving change, as its calculator and administrator.
The innovative RISX Index is the first of its kind, focusing exclusively on the publicly listed global insurance and reinsurance companies that control syndicates at Lloyd’s, the oldest continuously trading insurance market in the world.
The RISX Index aims to provide an equity benchmark better suited to specialty (re)insurance underwriting than other, more generalist insurance equity indices. It will also provide investors with an equity proxy to compare against the reported pro-forma aggregate results of Lloyd’s. The index seeks to provide a truly global benchmark of the specialty (re)insurance industry and will enable the creation of investment products targeting the specialty (re)insurance arena.
RISX Index website: https://risxindex.com