Capital Guidance
Lloyd’s has set out guidance and key principles surrounding the setting of capital for syndicates.
Capital & Reserving
View all 'Capital & Reserving'Internal Model SCR
Internal Model SCR is a dedicated quantitative review of syndicate models and outputs as a key input to the LIM
Model Validation
Focuses on ensuring syndicate models produce an appropriately calibrated SCR and that models are demonstrably compliant with the relevant tests and standards of the Directive.
Model change
Model Change reporting requirements are detailed in the guidance here and MS12 Scope, Change and Use. Templates are also provided for reporting to Lloyd's.
Standard Formula SCR
Lloyd's standard formula template and guidance sets out the SII regulatory calculation of SCR.
