Lloyd’s to extend cat exposure monitoring to non-peak perils
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Lloyd’s to extend cat exposure monitoring to non-peak perils

Jai Singh
20 September 2023
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Lloyd’s chief of markets Patrick Tiernan has said he is considering ways to extend cat monitoring and capital loading calculations to include non-peak perils.

At present, using the LCM5 framework, Lloyd’s monitors exposure to five key peak perils: US wind and quake, Japanese wind and quake and Northern European wind.

However,

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Topics

News Lloyd's Operations/tech Catastrophe losses Property
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