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Transcript of July 2014. Market Intelligence – Core Products TEAM MEMBERS TEAM MEMBERS WHERE WE FIT IN WHERE WE...
July 2014
Market Intelligence – Core Products
TEAM MEMBERS
WHERE WE FIT IN
COMPARE COUNTRIES
COUNTRY PROFILES
MARKET PRESENTATIONS
CLASS REVIEW
COUNTRY ROUNDUPS
WHERE TO FIND US
MI PORTAL (SECURE STORE)
Market Intelligence – MI Portal
Market Intelligence has launched its MI Portal, that can be accessed by Lloyd’s Managing Agents via Secure Store. Visit https://secure.lloyds.com
MI Portal The MI Portal contains detailed and tailored* analysis for each Managing Agent.
The MI Portal currently contains:
AnalysisMarket Insight Reports (Brazil & Indonesia) that highlight the size of the prize for Lloyd’s in these markets and provides detailed forecasts of the opportunity by line of business. (Future reports include Colombia, Chile, Mexico, Malaysia and the UAE)
Profiles50 local insurer / cedents and broker profiles covering high level financial information, strategy and key classes / segments. (Mexico, India, China, Brazil and Turkey)
Managing Agent Compare Countries*Detailed premium & loss ratio statistics that are tailored to each Managing Agent. (*Tailored Excel dashboard will be hosted securely by September 2014)
TEAM MEMBERS
WHERE WE FIT IN
COMPARE COUNTRIES
COUNTRY PROFILES
MARKET PRESENTATIONS
CLASS REVIEW
COUNTRY ROUNDUPS
WHERE TO FIND US
MI PORTAL (SECURE STORE)
Market Intelligence – Team MembersFilip Wuebbeler, Senior ManagerEmail: [email protected] Focus: Team Leader / Northern Europe / Product Development
Lara Green, Soft Intelligence ExecutiveEmail: [email protected] Focus: Country Roundups Development & Roll Out, Blogs
Natalie Armitage, Graduate TraineeEmail: [email protected]: Compare Countries Enhancements, Market Presentation & Class Review
Robert Shearman, MI Data Analyst Email: [email protected] Focus: Compare Countries, Better Market Intelligence Project Work, MI Portal
Chris Brown, Americas Analyst Email: [email protected]: Americas / Italy / Spain / Class Review / Engagement Strategy / MI Surgery Sessions
Tom Grace, Asia Pacific Analyst Email: [email protected]: Asia Pacific / South Africa & Ireland / V25 Strategy
Lewis Baxendine, ApprenticeEmail: [email protected]: Class Review Lite Roll Out, Market Presentation
TEAM MEMBERS
WHERE WE FIT IN
COMPARE COUNTRIES
COUNTRY PROFILES
MARKET PRESENTATIONS
CLASS REVIEW
COUNTRY ROUNDUPS
WHERE TO FIND US
MI PORTAL (SECURE STORE)
Market Intelligence – Where we fit in…
CRYSTAL
CRYSTAL provides Lloyd's market
participants with access to international
regulatory & taxation requirements
www.lloyds.com/crystal
MARKET ANALYSIS & BUSINESS
INTELLIGENCE
MARKET ANALYSIS & BUSINESS
INTELLIGENCE provide analysis on past, present and future performance of syndicates and the
market www.lloyds.com/stats
MARKET INTELLIGENCE
MARKET INTELLIGENCE
provides Lloyd's market participants with information on
international insurance markets from a Lloyd’s
perspective
TEAM MEMBERS
WHERE WE FIT IN
COMPARE COUNTRIES
COUNTRY PROFILES
MARKET PRESENTATIONS
CLASS REVIEW
COUNTRY ROUNDUPS
WHERE TO FIND US
MI PORTAL (SECURE STORE)
© Lloyd’s 2012
One-stop shop for country stats(Economic Trends, Insurance Market Size by Class & Lloyd’s Premium Trends by Detailed Class)
* Based on Emails, Telephone Calls, Surgery Session with around 150 Market Participants in 2012/2013
WHAT OUR MARKET SAID*…
Visual Representation(Ability to see trends using via visualisation tools)
Raw data(Ability to download raw data for own analysis)
> MARKET INTELLIGENCE SOLUTION
Compare Countries Tool launched(Tool contains Macro Stats from IMF (2000-2019), Insurance Market Stats (around 60), Lloyd’s detailed premium trends (2000-2013) for 200+ territories
Google Motion Chart(Tool contains visualisation tools developed by Google)
Raw Data available as Excel Pivot Table(Managing Agents can download all underlying data from password-protected Excel spreadsheet on lloyds.com)
www.lloyds.com/CompareCountries
TEAM MEMBERS
WHERE WE FIT IN
COMPARE COUNTRIES
COUNTRY PROFILES
MARKET PRESENTATIONS
CLASS REVIEW
COUNTRY ROUNDUPS
WHERE TO FIND US
MI PORTAL (SECURE STORE)
© Lloyd’s 2012
2014 DEVELOPMENTS (1 of 2)
Enhancing Macro DataAdding further macro data (World Bank, BP Statistics etc.) (gather during January 2014)
www.lloyds.com/CompareCountries
Sharing enhanced Macro DataDashboard Functionality + enhanced Macro data to be shared on lloyds.com for Lloyd’s Managing Agents and a reduced version for Brokers (published on 18 March 2014)
TEAM MEMBERS
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COMPARE COUNTRIES
COUNTRY PROFILES
MARKET PRESENTATIONS
CLASS REVIEW
COUNTRY ROUNDUPS
WHERE TO FIND US
MI PORTAL (SECURE STORE)
© Lloyd’s 2012
2014 DEVELOPMENTS (2 of 2)
www.lloyds.com/CompareCountries
Enhancing Insurance Data Adding further dimensions of local insurance classes (as per regulator / association) for Lloyd’s Managing Agents (roll out in July / August 2014)
Enhancing Lloyd’s Data Adding further dimensions (i.e. incurred loss ratios) (where appropriate) for Lloyd’s Managing Agents(explore in July 2014 for publication in MI Portal in September)
Managing Agent Compare CountriesManaging Agents will receive an enhanced version of their tailored data which will include the above enhancements via a Secure Delivery Mechanism (i.e. not hosted on lloyds.com)(September 2014 in MI Portal)
PREMIUM TREND TOP 10 COUNTRIES in 2013to drill down by any dimension and view premium trend, go to tab 1) a). to drill down by any other dimension and view top countries, go to tab 2) a).
to drill down by class and view premium trend cut by geography, go to tab 1) b). to drill down by any other dimension and view full geographic breakdown, go to tab 2) b).
MANAGING AGENT Ranked by MANAGING AGENT Premium
PREMIUMAfrica Americas Asia Europe Oceania (US$ mn)
2000 3.4 48.6 16. 40.7 .8 100 13,688 0.7%2001 3.2 65.4 17.7 48.5 .9 50 5,609 0.9%2002 3.9 76.2 21.7 65.3 1.1 23 2,082 1.1%2003 6.9 88.5 31.9 86.1 2.9 15 935 1.6%2004 8.2 88.6 32.6 95.2 3.9 10 1,931 0.5%2005 7.7 101. 39.2 101.7 4. 7 743 1.0%2006 9.2 137.6 43.1 97.6 5.2 7 380 1.8%2007 9.4 142.7 44.6 106.6 4.4 6 314 2.1%2008 8. 138.6 45.9 113.5 4.6 6 499 1.3%2009 10.1 132.3 46.8 105.7 6.4 6 429 1.4%2010 12.4 130.6 47.8 110.6 9.4 138 10,315 1.3%2011 10.7 133.7 45.2 109.7 9.5 370 36,926 1.0%2012 11.1 163. 49.4 112.8 15.12013 9.4 179.7 54.4 114.1 12.3
LLOYD'S TOTAL Ranked by LLOYD'S TOTAL Premium
PREMIUMAfrica Americas Asia Europe Oceania (US$ mn)
2000 301 8,286 1,067 5,674 308 100 13,688 0.7%2001 296 10,181 1,424 6,757 399 50 5,609 0.9%2002 386 11,543 1,891 8,971 526 23 2,082 1.1%2003 500 11,994 1,979 10,230 757 10 1,931 0.5%2004 538 12,020 1,971 10,812 911 15 935 1.6%2005 534 12,459 2,023 9,963 907 7 743 1.0%2006 572 15,382 2,126 10,063 938 3 677 0.5%2007 572 16,003 2,239 10,091 1,045 5 650 0.8%2008 560 16,127 2,443 10,391 1,160 5 566 0.8%2009 653 16,847 2,763 9,769 1,258 6 499 1.3%2010 702 16,402 3,069 10,289 1,582 144 9,546 1.5%2011 722 17,046 3,660 10,390 2,117 370 36,926 1.0%2012 734 17,816 3,771 10,738 2,3772013 657 19,182 3,814 11,015 2,259
METHOD OF PLACEMENT CLASS OF BUSINESS in 2013to drill down by any other dimension and view top generic classes go to tab 3) a).
to drill down by any other dimension and view full class of business breakdown, go to tab 3) b).
MANAGING AGENT MANAGING AGENT
Entity (US$ mn) Entity (US$ mn)2011 2012 2013 2013
Direct 179.5 202.2 224.3 Marine 158.3Binding Authority 61.8 66.7 74. Energy 98.5Open Market 117.7 135.5 150.3 Casualty 59.2
Reinsurance 129.3 149.2 145.5 Property (D&F) 53.2Facultative 101.3 123.3 119. Property Treaty .4Treaty 9.4 8.1 9.2 Overseas Motor .1XOL 18.6 17.8 17.2 Casualty Treaty .1
Grand Total 308.8 351.4 369.8 Accident & Health .Aviation -UK Motor -Grand Total 369.8
LLOYD'S TOTAL LLOYD'S TOTAL
Lloyd's Total (US$ mn) Lloyd's Total (US$ mn)2011 2012 2013 2013
Direct 17,069 17,819 19,401 Property (D&F) 9,126Binding Authority 8,354 8,862 9,847 Marine 6,670Open Market 8,714 8,957 9,553 Casualty 6,632
Reinsurance 16,866 17,616 17,526 Property Treaty 5,872Facultative 7,307 7,562 7,751 Energy 3,499Treaty 2,022 2,020 1,978 Accident & Health 2,193XOL 7,536 8,034 7,797 Aviation 1,541
Grand Total 33,934 35,435 36,926 Casualty Treaty 751Overseas Motor 470UK Motor 173Grand Total 36,926
to filter all other panels:
to filter all other panels:
to filter all other panels:
BermudaCanadaUnited Kingdom
WORLD
United States of AmericaUnited KingdomCanadaAustraliaBermudaJapanFranceItalyGermanySwitzerland - Other
Switzerland
WORLD - OtherNorway
BrazilNetherlandsJapanAustralia
to filter all panels:
United States of America
Managing Agent
Lloyd's Total
Market Share
Managing Agent
Lloyd's Total
Market Share
0
50.
100.
150.
200.
250.
300.
350.
400.Africa Americas Asia Europe Oceania
Country
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
United States Minor Outlyin...
United States of America
Uruguay
US Virgin Islands
Uzbekistan
Vanuatu
Venezuela
Vietnam
Wallis and Futuna Islands
Western Sahara
Yemen
YEMEN DEM
Yugoslavia
Zambia
Zimbabwe
Continent
Africa
Americas
Asia
Europe
Oceania
Sub-Continent
Antarctica
Australia and New Zealand
Caribbean
Central America
Central Asia
Eastern Africa
Eastern Asia
Eastern Europe
Melanesia
Micronesia
Middle Africa
Northern Africa
Northern America
Northern Europe
Polynesia
South America
South-Eastern Asia
High Level Class
Accident & Health
Aviation
Casualty
Casualty Treaty
Energy
Marine
Overseas Motor
Property (D&F)
Property Treaty
Generic Class
Accident & Health (direct)
Agriculture & Hail
Airline
Airline/ General Aviation
Aviation Products/ Airport Li...
Aviation XL
BBB/ Crime
Cargo
Contingency/ Other Pecuniary
Cyber Liability
Difference in Conditions
Directors & Officers
Directors & Officers (non-US)
Directors & Officers (US)
0
20
40
60
80
100
120
140
160
BindingAuthority
Open Market Facultative Treaty XOL
Direct Reinsurance
2011 2012 2013
Method of Placement
Binding Authority
Facultative
Open Market
Treaty
XOL
-
2,000
4,000
6,000
8,000
10,000
12,000
BindingAuthority
Open Market Facultative Treaty XOL
Direct Reinsurance
2011 2012 2013
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000Africa Americas Asia Europe Oceania
United States of America
27%United
Kingdom13%
Canada6%
Bermuda4%
Australia3%
Japan2%
Netherlands2%
Brazil2%
Switzerland2%
Norway2%
- Other37%
% in chart labelsindicate share
of managingagent total, not
managing agent share ofLloyd's total
United States of America
37%
United Kingdom
15%
Canada6%Australia
5%
Bermuda3%
Japan2%
France2%
Italy2%
Germany1%
Switzerland1% - Other
26%
% in chart labelsindicate share
of Lloyd's total, notmanaging agent share of
Lloyd's total
Property (D&F)
Marine
Casualty
Property Treaty
Energy
Accident & Health
Aviation
Casualty Treaty
Overseas Motor
UK Motor
0 5,000 10,000
- 50. 100. 150. 200.
Marine
Energy
Casualty
Property (D&F)
Property Treaty
Overseas Motor
Casualty Treaty
Accident & Health
Aviation
UK Motor
Insurance Type
Direct
Reinsurance
https://secure.lloyds.com
MI Portal
MI Portal is designed for sharing sensitive and tailored Market Intelligence with Managing Agents
TEAM MEMBERS
WHERE WE FIT IN
COMPARE COUNTRIES
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MARKET PRESENTATIONS
CLASS REVIEW
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© Lloyd’s 2012* Based on Emails, Telephone Calls, Surgery Session with around 150 Market Participants in 2012/2013
WHAT OUR MARKET SAID*…
www.lloyds.com/Countryprofiles
Standardised Country Fact Sheet(Quick summary of Lloyd’s business, insurance markets and macroeconomic indicators; Lloyd’s licence)
Latest update on economy & political situation in key markets(Ability to see latest economic & political analysis)
List of top insurers/cedants, key classes & Lloyd’s stats by country(Top market players, classes of business, Lloyd’s business profiles by class, office contact details)
> MARKET INTELLIGENCE SOLUTION
Country Profiles launched(54 Country Profiles on the world’s top insurance markets)
Economic & Political Summary(Partnership with Global Insight allows the team to concentrate on insurance market analysis)
Key Insurance & Lloyd’s stats(Top Market Players, key classes of business, Lloyd’s business snapshot & summary of Lloyd’s Country Development Plan)
TEAM MEMBERS
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© Lloyd’s 2012
www.lloyds.com/Countryprofiles
2014 DEVELOPMENTS
Country MI pages which contain all available MI on one page
Country MI pages now available: www.lloyds.com/marketintelligence > Pick a Country
1COUNTRY ROUNDUPS & MI ANALYST DETAILS
2 COUNTRY SNAPSHOT& OFFICE DETAILS
3ALL AVAILABLE MI CORE
PRODUCTS FOR THIS MARKET
TEAM MEMBERS
WHERE WE FIT IN
COMPARE COUNTRIES
COUNTRY PROFILES
MARKET PRESENTATIONS
CLASS REVIEW
COUNTRY ROUNDUPS
WHERE TO FIND US
MI PORTAL (SECURE STORE)
© Lloyd’s 2012* Based on Emails, Telephone Calls, Surgery Session with around 150 Market Participants in 2012/2013
WHAT OUR MARKET SAID*…
www.lloyds.com/Marketpresentations
Detailed insurance & Lloyd’s business trends & outlook(Analysis of premium development in territories where Lloyd’s has a Country Manager)
Summary of key opportunities & challenges for Lloyd’s in market(A Lloyd’s perspective on how our market performs locally)
Outline of local Market Development Initiatives & Events(Summary of key local initiatives and local Lloyd’s events)
> MARKET INTELLIGENCE SOLUTION
Market Presentation launched(Market Presentations covering 28 markets held annually & hosted on lloyds.com)
Business Class & distribution trends(Local intelligence coupled with detailed analysis of soft & hard intelligence tailored to specific markets)
Opportunities for Lloyd’s(Key pointers for who & what to target; meet the Lloyd’s Country Manager & peers from the market)
MANAGING AGENTS & LLOYD’S BROKERS CAN SIGN UP TO BE ON INVITE LIST: www.lloyds.com/misignup
TEAM MEMBERS
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© Lloyd’s 2012* Based on LMA Working Group + Surgery Sessions during 2012 / 2013
WHAT OUR MARKET SAID*…
www.lloyds.com/ClassReview
Class of business premiums & loss trends by territory(Specialist class of business premium & loss trends by geography)
Comparison of Lloyd’s premiums & loss ratios trends (Class of business premiums and loss trends by geography)
> MARKET INTELLIGENCE SOLUTION
Class Review built with LMA Support(Panel of underwriters used to devise reports in 2010 for US E&S Market)
Class Review roll out for key territoriesTop 4 E&S Markets, Total US, UK, Mexico, Brazil, Turkey, China, India,Japan, Canada, Australia, South Korea
Further commentary added to paint fuller picture(China also includes further commentary in addition to merely stats, this has been applied to any updates or new Class Reviews since)
SIGN UP TO BE ALERTED ON NEW RELEASES: www.lloyds.com/misignup
TEAM MEMBERS
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© Lloyd’s 2012
www.lloyds.com/ClassReview
2014 DEVELOPMENTS (1 of 2)
© Lloyd’sSource: Market Intelligence, (January 2014)2
overview
Opportunity Matrix
Dimension Score Rationale
Size
Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring;
Growth
Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring;
Performance
Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring;
Distribution
Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring;
Competition
Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring;
Lloyd’s Proposition
Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring;
Overall
Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring; Text for explaining the rationale of scoring;
Good Poor
TEAM MEMBERS
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© Lloyd’s 2012
www.lloyds.com/ClassReview
2014 DEVELOPMENTS (2 of 2)
Releasing Class Review Lite (April 2014 onwards) (Lloyd’s Class of business premiums and incurred loss ratios (for Managing Agents only) on key territories currently covered by 54 Country Profiles); this will serve as a basis for fuller Class Reviews for key territories where Lloyd’s has a significant presences and/or where market appetite indicates demand for further market analysis)
Lloyd’s Analysis by Lloyd’s High Level Class (Broker Version will only include premium trends)
© Lloyd’s59
Lloyd’s by Year of AccountGross Signed Premium (US$ million) & Incurred Loss Ratio (%)
Aviation
Lloyd’s by Calendar YearGross Signed Premium (US$ million) & Incurred Loss Ratio (%)
Premiums and Loss Ratios
Notes: All Lloyd’s data is on a country of origin basis, gross of RI and acquisition fees.Source: Lloyd’s Market Intelligence calculations based on Xchanging.
0%
20%
40%
60%
80%
100%
120%
140%
160%
0
5
10
15
20
25
30
2008 2009 2010 2011 2012
Direct Reinsurance ILR %
0%
20%
40%
60%
80%
100%
120%
140%
1 2 3 4 5
2008 2009 2010 2011 2012
Year of Cumulative
Account GSP (US$m) 1 2 3 4 5
2008 22.5 84.0% 88.7% 91.4% 93.6% 95.8%
2009 18.5 0.0% 6.9% 10.6% 13.0% #N/A
2010 27.4 0.0% 113.2% 120.9% #N/A #N/A
2011 15.2 0.4% 9.6% #N/A #N/A #N/A
2012 9.2 0.0% #N/A #N/A #N/A #N/A
Incurred Loss Ratio, by Development Year
It is expected that Class Review Lite will morph into a full Class Review*
Dependent on:Market appetiteCountry Manager inputMI Resources
First Example launched:Class Review – Lite – Poland
*local market statistics + commentary
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© Lloyd’s 2012
WHAT OUR MARKET SAID*…
www.lloyds.com/CountryRoundups C SIGN UP TO BE ALERTED ON NEW RELEASES: www.lloyds.com/misignup
Local intelligence from Country Managers(Local news including key news from cedants, local brokers, service companies & coverholders)
“Plugged into key local industry and Lloyd’s events”(Ability for Managing Agents to be notified of key events)
> MARKET INTELLIGENCE SOLUTION
Country Roundups launched(Local news summary sourced from the participating offices were launched for Europe (10) and extended to Asian offices (4) in 2013)
Total universe of 3,600+ sign ups (A marketing list of around 3,600 contacts has been built up since its launch in Q1 2012; sign ups are by geography, which allows Country Managers to target messages to an audience of underwriters & brokers who are interested in a specific territory.
Provides a direct channel to CMs(Provides Country Managers (CMs) with a list of “clients” they can target for Market Development Activities)
Receive notification for new Market Intelligence(Ensuring that Managing Agents & Brokers are notified of material MI updates – i.e. Class Review)
* Based on Emails, Telephone Calls, Surgery Session with around 150 Market Participants in 2012/2013
TEAM MEMBERS
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© Lloyd’s 2012
www.lloyds.com/CountryRoundups C
2014 DEVELOPMENTS
Redevelop webpage to turn stories into searchable stories that can be archived (end of February 2014)
Seek market feedback on further development (August 2014)
TEAM MEMBERS
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© Lloyd’s 2012
https://secure.lloyds.com
2014 DEVELOPMENTS (1 of 2)
Launch of MI Portal via Secure Store (July 2014)
1
Log into via Lloyd’s
Authentication Framework (LAF)
2
Click Secure Store
TEAM MEMBERS
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COMPARE COUNTRIES
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© Lloyd’s 2012
https://secure.lloyds.com
2014 DEVELOPMENTS (2 of 2)
Log into MI Portal via Secure Store (July 2014)
3 Click Market
Intelligence – by Country
4Download
Market Insights Reports
(“Analysis”)
5Download
Broker / Insurer Profiles
6Download
Managing Agent Compare
Countries*
PREMIUM TREND TOP 10 COUNTRIES in 2013to drill down by any dimension and view premium trend, go to tab 1) a). to drill down by any other dimension and view top countries, go to tab 2) a).
to drill down by class and view premium trend cut by geography, go to tab 1) b). to drill down by any other dimension and view full geographic breakdown, go to tab 2) b).
MANAGING AGENT Ranked by MANAGING AGENT Premium
PREMIUMAfrica Americas Asia Europe Oceania (US$ mn)
2000 3.4 48.6 16. 40.7 .8 100 13,688 0.7%2001 3.2 65.4 17.7 48.5 .9 50 5,609 0.9%2002 3.9 76.2 21.7 65.3 1.1 23 2,082 1.1%2003 6.9 88.5 31.9 86.1 2.9 15 935 1.6%2004 8.2 88.6 32.6 95.2 3.9 10 1,931 0.5%2005 7.7 101. 39.2 101.7 4. 7 743 1.0%2006 9.2 137.6 43.1 97.6 5.2 7 380 1.8%2007 9.4 142.7 44.6 106.6 4.4 6 314 2.1%2008 8. 138.6 45.9 113.5 4.6 6 499 1.3%2009 10.1 132.3 46.8 105.7 6.4 6 429 1.4%2010 12.4 130.6 47.8 110.6 9.4 138 10,315 1.3%2011 10.7 133.7 45.2 109.7 9.5 370 36,926 1.0%2012 11.1 163. 49.4 112.8 15.12013 9.4 179.7 54.4 114.1 12.3
LLOYD'S TOTAL Ranked by LLOYD'S TOTAL Premium
PREMIUMAfrica Americas Asia Europe Oceania (US$ mn)
2000 301 8,286 1,067 5,674 308 100 13,688 0.7%2001 296 10,181 1,424 6,757 399 50 5,609 0.9%2002 386 11,543 1,891 8,971 526 23 2,082 1.1%2003 500 11,994 1,979 10,230 757 10 1,931 0.5%2004 538 12,020 1,971 10,812 911 15 935 1.6%2005 534 12,459 2,023 9,963 907 7 743 1.0%2006 572 15,382 2,126 10,063 938 3 677 0.5%2007 572 16,003 2,239 10,091 1,045 5 650 0.8%2008 560 16,127 2,443 10,391 1,160 5 566 0.8%2009 653 16,847 2,763 9,769 1,258 6 499 1.3%2010 702 16,402 3,069 10,289 1,582 144 9,546 1.5%2011 722 17,046 3,660 10,390 2,117 370 36,926 1.0%2012 734 17,816 3,771 10,738 2,3772013 657 19,182 3,814 11,015 2,259
METHOD OF PLACEMENT CLASS OF BUSINESS in 2013to drill down by any other dimension and view top generic classes go to tab 3) a).
to drill down by any other dimension and view full class of business breakdown, go to tab 3) b).
MANAGING AGENT MANAGING AGENT
Entity (US$ mn) Entity (US$ mn)2011 2012 2013 2013
Direct 179.5 202.2 224.3 Marine 158.3Binding Authority 61.8 66.7 74. Energy 98.5Open Market 117.7 135.5 150.3 Casualty 59.2
Reinsurance 129.3 149.2 145.5 Property (D&F) 53.2Facultative 101.3 123.3 119. Property Treaty .4Treaty 9.4 8.1 9.2 Overseas Motor .1XOL 18.6 17.8 17.2 Casualty Treaty .1
Grand Total 308.8 351.4 369.8 Accident & Health .Aviation -UK Motor -Grand Total 369.8
LLOYD'S TOTAL LLOYD'S TOTAL
Lloyd's Total (US$ mn) Lloyd's Total (US$ mn)2011 2012 2013 2013
Direct 17,069 17,819 19,401 Property (D&F) 9,126Binding Authority 8,354 8,862 9,847 Marine 6,670Open Market 8,714 8,957 9,553 Casualty 6,632
Reinsurance 16,866 17,616 17,526 Property Treaty 5,872Facultative 7,307 7,562 7,751 Energy 3,499Treaty 2,022 2,020 1,978 Accident & Health 2,193XOL 7,536 8,034 7,797 Aviation 1,541
Grand Total 33,934 35,435 36,926 Casualty Treaty 751Overseas Motor 470UK Motor 173Grand Total 36,926
to filter all other panels:
to filter all other panels:
to filter all other panels:
BermudaCanadaUnited Kingdom
WORLD
United States of AmericaUnited KingdomCanadaAustraliaBermudaJapanFranceItalyGermanySwitzerland - Other
Switzerland
WORLD - OtherNorway
BrazilNetherlandsJapanAustralia
to filter all panels:
United States of America
Managing Agent
Lloyd's Total
Market Share
Managing Agent
Lloyd's Total
Market Share
0
50.
100.
150.
200.
250.
300.
350.
400.Africa Americas Asia Europe Oceania
Country
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Turks and Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
United States Minor Outlyin...
United States of America
Uruguay
US Virgin Islands
Uzbekistan
Vanuatu
Venezuela
Vietnam
Wallis and Futuna Islands
Western Sahara
Yemen
YEMEN DEM
Yugoslavia
Zambia
Zimbabwe
Continent
Africa
Americas
Asia
Europe
Oceania
Sub-Continent
Antarctica
Australia and New Zealand
Caribbean
Central America
Central Asia
Eastern Africa
Eastern Asia
Eastern Europe
Melanesia
Micronesia
Middle Africa
Northern Africa
Northern America
Northern Europe
Polynesia
South America
South-Eastern Asia
High Level Class
Accident & Health
Aviation
Casualty
Casualty Treaty
Energy
Marine
Overseas Motor
Property (D&F)
Property Treaty
Generic Class
Accident & Health (direct)
Agriculture & Hail
Airline
Airline/ General Aviation
Aviation Products/ Airport Li...
Aviation XL
BBB/ Crime
Cargo
Contingency/ Other Pecuniary
Cyber Liability
Difference in Conditions
Directors & Officers
Directors & Officers (non-US)
Directors & Officers (US)
0
20
40
60
80
100
120
140
160
BindingAuthority
Open Market Facultative Treaty XOL
Direct Reinsurance
2011 2012 2013
Method of Placement
Binding Authority
Facultative
Open Market
Treaty
XOL
-
2,000
4,000
6,000
8,000
10,000
12,000
BindingAuthority
Open Market Facultative Treaty XOL
Direct Reinsurance
2011 2012 2013
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000Africa Americas Asia Europe Oceania
United States of America
27%United
Kingdom13%
Canada6%
Bermuda4%
Australia3%
Japan2%
Netherlands2%
Brazil2%
Switzerland2%
Norway2%
- Other37%
% in chart labelsindicate share
of managingagent total, not
managing agent share ofLloyd's total
United States of America
37%
United Kingdom
15%
Canada6%Australia
5%
Bermuda3%
Japan2%
France2%
Italy2%
Germany1%
Switzerland1% - Other
26%
% in chart labelsindicate share
of Lloyd's total, notmanaging agent share of
Lloyd's total
Property (D&F)
Marine
Casualty
Property Treaty
Energy
Accident & Health
Aviation
Casualty Treaty
Overseas Motor
UK Motor
0 5,000 10,000
- 50. 100. 150. 200.
Marine
Energy
Casualty
Property (D&F)
Property Treaty
Overseas Motor
Casualty Treaty
Accident & Health
Aviation
UK Motor
Insurance Type
Direct
Reinsurance
Tailored premium stats for each Managing Agents
Managing Agent Lloyd’s benchmarking statistics
*To be released in September 2014
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COMPARE COUNTRIES
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WHERE TO FIND US
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