Used to determine the adequacy of reserves across the Lloyd’s market and the benefit of reserve margin to be considered within the combined ratio. It also serves as a comparator of Lloyd’s market underwriting profitability to its peers.
The Rantings of the barely human.
Used to determine the adequacy of reserves across the Lloyd’s market and the benefit of reserve margin to be considered within the combined ratio. It also serves as a comparator of Lloyd’s market underwriting profitability to its peers.