Cinnober's board member Staffan Persson has announced to the company that he declines re-election before the 2018 AGM. Staffan Persson currently holds a shareholding in Cinnober corresponding to 2.9 % and has been a member of the board since 2011.
Regulatory approval has been granted by UK’s Financial Conduct Authority (FCA) enabling the trade reporting service TRADEcho to enter the final phases of preparation for MiFID II. The TRADEcho service is provided in partnership between Cinnober’s subsidiary Boat Services Ltd and the London Stock Exchange Group.
Boat Oasis, a Multi-Peril Catastrophe (Cat) Risk Modelling Platform for the (re)insurance industry, brought to market by Boat Services in January 2017 has added new risk models, increasing customer attraction.