Business Timetable
Provides information on regulatory and franchisor deadlines which apply to the Lloyd's market. Includes deadline dates, descriptions and links to any relevant market bulletins
Subscribe to RSS feed
Upcoming Deadlines
Mon
01
Mar
Mon
01
Mar
LCR
Managing Agents to submit, by 1pm, re-assessed Lloyd's Capital Return (LCR) pro forma for any syndicate whose ultimate SCR has moved materially (greater than 10% movement prior to adjustment for: FX, risk margin and reinsurance contract boundary adjustment changes as a minimum). The LCR submission should be a full pro forma submitted via the Market Data Collection (MDC) platform and include a document supporting the changes made to the methodology document. The LCR should be calculated at the year-end exchange rate (TBC) and be based on the latest/final 2021 Syndicate Business Forecast (SBF) submission.
Mon
01
Mar
Mon
01
Mar
Mon
01
Mar
Thu
04
Mar
Thu
04
Mar
Thu
04
Mar
Sat
06
Mar
Mon
08
Mar
Wed
10
Mar
Wed
10
Mar
Risk Aggregation (Exposure Management and Reinsurance) *
Managing Agents to submit the Lloyd's society level top underwriting risks return. Please note that this return is seperate from, and additional to, the individual syndicate ASR 251 returns. This return is via the ‘Lloyd's Catastrophe Model’ SecureStore, within the ‘ASR 251 Form’ folder.
Wed
10
Mar
Thu
11
Mar
Fri
12
Mar
Fri
12
Mar
Sat
13
Mar
Mon
15
Mar
Mon
15
Mar
Mon
15
Mar
Hong Kong Claim Return (HKC) *
Submission of Hong Kong Claim Return for February 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Mon
15
Mar
Hong Kong Risk Return (HKR) *
Submission of Hong Kong Risk Return for February 2021 before 12:00 (UK Time) using core market returns software.
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Wed
17
Mar
Thu
18
Mar
Sat
20
Mar
Tue
23
Mar
Thu
25
Mar
Thu
25
Mar
Fri
26
Mar
Fri
26
Mar
Sat
27
Mar
Sat
27
Mar
Tue
30
Mar
Wed
31
Mar
Wed
31
Mar
Wed
31
Mar
Wed
31
Mar
Thu
01
Apr
Thu
01
Apr
Tue
06
Apr
Wed
07
Apr
Fri
09
Apr
Fri
09
Apr
Fri
09
Apr
Mon
12
Apr
Mon
12
Apr
Mon
12
Apr
Wed
14
Apr
Thu
15
Apr
Hong Kong Claim Return (HKC) *
Submission of Hong Kong Claim Return for March 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Thu
15
Apr
Thu
15
Apr
Hong Kong Risk Return (HKR) *
Submission of Hong Kong Risk Return for March 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Thu
15
Apr
Fri
16
Apr
Fri
16
Apr
Fri
16
Apr
Sat
17
Apr
Mon
19
Apr
Tue
20
Apr
Wed
21
Apr
Thu
22
Apr
Thu
22
Apr
Fri
23
Apr
Sun
25
Apr
Tue
27
Apr
Wed
28
Apr
Wed
28
Apr
Wed
28
Apr
Fri
30
Apr
Agency agreements *
Latest date for managing agents of unaligned syndicates to apply to Lloyd's for permission to terminate the managing agent's agreements in relation to a syndicate if they intend to effect a syndicate merger, a minority buy-out of the unaligned capacity or to increase fees/profit commission
Fri
30
Apr
Fri
30
Apr
Mon
03
May
Tue
04
May
Tue
04
May
Tue
04
May
Tue
04
May
Tue
04
May
Tue
04
May
Wed
05
May
Wed
05
May
Wed
05
May
Wed
05
May
Thu
06
May
Fri
07
May
Sat
08
May
Mon
10
May
Mon
10
May
Tax - Syndicate Level
Submit details of United States BEAT adapted syndicate information statement (SIS) schedules 30a, 40a, 45a, and 60a for the purpose of filing the United States form 8991 to Tax Operations - production of schedule 40b to members is dependent on regular SIS and schedule 40a being cleared by Sutherland.
Wed
12
May
Coming into line
Deadline for all Members to submit all applications for Tier 2 assets/instructions for CIL, partial releases and substitutions. All documentation must be received by this date, no extensions to this deadline will be granted.
Please refer to Market Bulletin Y5177 (Provision of capital to support members' Economic Capital Assessments; timing and Solvency II tiering limits) for full details on the Tier 2 capital limits.
Fri
14
May
Hong Kong Risk Return (HKR)
Submission of Hong Kong Risk Return for April 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Fri
14
May
Hong Kong Claim Return (HKC)
Submission of Hong Kong Claim Return for April 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Thu
20
May
Thu
20
May
Fri
21
May
Mon
24
May
Fri
28
May
Fri
28
May
Fri
28
May
Mon
31
May
Tue
01
Jun
Mon
14
Jun
Mon
14
Jun
Tue
15
Jun
Hong Kong Risk Return (HKR)
Submission of Hong Kong Risk Return for May 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Tue
15
Jun
Tue
15
Jun
Hong Kong Claim Return (HKC)
Submission of Hong Kong Claim Return for May 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Wed
16
Jun
Wed
16
Jun
Coming into line
Deadline for all Members to submit their application* to introduce new or additional assets (with the exception of Tier 2 assets) for Coming into Line (CIL).
All assets (other than cash - see 30th June deadline) and supporting documentation must also be received by this date.
Fri
18
Jun
Fri
25
Jun
Fri
25
Jun
Tax - Syndicate Level
A PE certification form for Members’ overseas tax filings should be completed by Managing Agents for each Syndicate (including each Special Purpose Arrangement) that they manage in respect of business planned to be written in the 2021 calendar year.
Fri
25
Jun
Wed
30
Jun
Thu
01
Jul
Thu
01
Jul
Mon
05
Jul
Wed
07
Jul
Mon
12
Jul
Thu
15
Jul
Hong Kong Risk Return (HKR)
Submission of Hong Kong Risk Return for June 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Thu
15
Jul
Hong Kong Claim Return (HKC)
Submission of Hong Kong Claim Return for June 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Thu
15
Jul
Fri
30
Jul
Fri
30
Jul
Mon
02
Aug
Tue
03
Aug
Thu
05
Aug
Fri
13
Aug
Mon
16
Aug
Mon
16
Aug
Hong Kong Risk Return (HKR)
Submission of Hong Kong Risk Return for July 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Mon
16
Aug
Mon
16
Aug
Hong Kong Claim Return (HKC)
Submission of Hong Kong Claim Return for July 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Mon
16
Aug
Thu
26
Aug
Thu
26
Aug
Tue
31
Aug
Tue
31
Aug
Wed
01
Sep
Tue
14
Sep
Wed
15
Sep
Hong Kong Claim Return (HKC)
Submission of Hong Kong Claim Return for August 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Wed
15
Sep
Hong Kong Risk Return (HKR)
Submission of Hong Kong Risk Return for August 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Thu
16
Sep
Fri
17
Sep
Fri
17
Sep
Fri
17
Sep
Thu
23
Sep
Fri
24
Sep
Fri
24
Sep
Coming into line*
Deadline for Members wishing to participate in the auctions to provide Application Forms, Information Forms and completed signed and witnessed Declaration and Undertaking document in respect of new third party funding arrangements to Member Services for CIL End-Year. This includes new third party arrangements for any prospective New Members.
Fri
24
Sep
Fri
24
Sep
Thu
30
Sep
Thu
30
Sep
Thu
30
Sep
Thu
30
Sep
Fri
01
Oct
Coming into line
Deadline for Members not wishing to participate in the auctions to provide Application Forms, Information Forms and completed signed and witnessed Declaration and Undertaking document in respect of new third party funding arrangements to Member Services for CIL End-Year. This includes new third party arrangements for any prospective New Members.
Fri
01
Oct
Fri
01
Oct
Fri
01
Oct
Fri
01
Oct
Fri
01
Oct
Tax Members Agent and DCP Level
Lloyd's Japan members identified as a Consolidated Multinational Enterprise (MNE) must provide Tax department with 'Transfer Pricing Master File' & 'Country by Country report' within 10 months of the Ultimate Parent Entity's financial year-end. Only required where this hasn't been provided by Ultimate Parent Entity or another group member
Fri
01
Oct
Fri
01
Oct
Fri
01
Oct
Mon
04
Oct
Thu
07
Oct
Fri
15
Oct
Fri
15
Oct
Hong Kong Risk Return (HKR)
Submission of Hong Kong Risk Return for September 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Fri
15
Oct
Fri
15
Oct
Hong Kong Claim Return (HKC)
Submission of Hong Kong Claim Return for September 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Tue
26
Oct
Wed
27
Oct
Fri
29
Oct
Fri
29
Oct
Mon
01
Nov
Mon
01
Nov
Thu
04
Nov
Fri
05
Nov
Coming into line
Deadline for all Members to submit any applications* for Tier 2 assets/instructions for CIL, partial releases and substitutions. All documentation must be received by this date, no extensions to this deadline will be granted. Members' Tier 2 capital should not exceed 50% of their Economic Capital Assessment (ECA) where they have an ECA of over £5million. Please refer to Market Bulletin Y5177 for full information of the limits of Tier 2 assets and pre-approval of these assets.
Mon
08
Nov
Thu
11
Nov
Fri
12
Nov
Fri
12
Nov
Fri
12
Nov
Fri
12
Nov
Fri
12
Nov
Mon
15
Nov
Hong Kong Risk Return (HKR)
Submission of Hong Kong Risk Return for October 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Mon
15
Nov
Hong Kong Claim Return (HKC)
Submission of Hong Kong Claim Return for October 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Wed
17
Nov
Fri
26
Nov
Tue
30
Nov
Coming into line
CIL Year-End Deadline
Deadline for all Members to submit their application* to introduce new or additional assets (with the exception of Tier 2 assets) for Coming into Line (CIL).
All supporting documentation must also be received by this date.
NO FURTHER FAL FILES TO BE SUBMITTED UNTIL 2022
Tue
30
Nov
Tue
30
Nov
Wed
01
Dec
Wed
01
Dec
Wed
01
Dec
Wed
01
Dec
Wed
08
Dec
Mon
13
Dec
Tue
14
Dec
Wed
15
Dec
Hong Kong Risk Return (HKR)
Submission of Hong Kong Risk Return for November 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Wed
15
Dec
Hong Kong Claim Return (HKC)
Submission of Hong Kong Claim Return for November 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Wed
15
Dec
Fri
24
Dec
Fri
14
Jan
Hong Kong Risk Return (HKR) *
Submission of Hong Kong Risk Return for December 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate
Fri
14
Jan
Hong Kong Claim Return (HKC) *
Submission of Hong Kong Claim Return for December 2021 before 12:00 (UK Time) using core market returns software
NOTE: This Return is only required to be submitted in relation to business written by a Hong Kong based coverholder and responsibility for such rests with the lead syndicate