How to Streamline Lloyd’s Reporting Using Analyze Re
Syndicates in the Lloyd’s of London are required to submit a series of core and non-core market reports in agreement with guidelines set out by Lloyd’s that ensure profitable business planning and monitoring to safeguard their high standards of underwriting and risk management. Lloyd’s collects this data from the syndicates so it can gain a probabilistic view of syndicates’ exposures to natural catastrophes. This allows Lloyd’s to calculate a market view of natural catastrophe exposures used within the Lloyd’s Internal Model (LIM) for capital setting. There are two series of reports required quarterly and twice a year respectively. Read More