Underwriting
Information including risk codes, realistic disaster scenarios and the Performance Management Data Return
Underwriting
View all 'Underwriting'Risk codes
Information on risk codes with access to related market bulletins, guidance notes and a list of risk codes.
Realistic Disaster Scenarios
Lloyd’s maintains a set of mandatory Realistic Disaster Scenarios (RDS) to stress test both individual syndicates and the market as a whole.
Options for mid-year underwriting increases
This section provides guidance to managing agents regarding available options when seeking mid-year increases to their managed syndicates' underwriting.
Independent reviewers
Lloyd’s Underwriting Standards require that managing agents have effective systems and controls over each managed syndicate’s underwriting, ensuring that a representative range of risks underwritten by the syndicate is reviewed and assessed regularly by an appropriately qualified individual who is independent of the underwriter of those risks.
Market turning event
This report sets out six guiding principles explaining how Lloyd’s would respond to a market turning event, an insurable loss so significant it results in a rapid upturn in pricing.
Performance Management Data Return
The Performance Management Data Return (PMDR) captures information on premium volume, rate change and benchmark pricing on a monthly basis and is a key tool for the Performance Management Directorate (PMD).
Market Innovation Guide
This quick start guide has been developed to help managing agents and syndicates with the planning and presentation of innovative ideas to Lloyd’s.