Reinsurance Casualty Claims Group

The Reinsurance Casualty Claims Group (RCCG) was established in April 2014, with the aim of providing a forum for both US and international casualty claims issues. The group hold around 6 meetings per year.

The Chair of the group is Robin Smith of Chaucer and the Deputy Chair is Corné van der Breggen, XL Catlin

Key issues

  • US R/I Casualty issues
  • Periodical Payment Orders (PPOs)
  • Capitalisation Clauses
  • Discount rates
  • Law reforms
  • Coordination across the Lloyd's market
  • Indexation

Periodical Payment Orders

Work was undertaken by a sub group of the LRCG during 2012 to look at ways of improving best practice when handling PPO claims. Experts from across the market were brought together, from claims, underwriting & actuarial backgrounds to discuss ways of best dealing with PPO claims in the Lloyd's market. Work was done to create a set of PPO Handling Guidelines and a PPO data sheet, both documents have been approved by both the LRCG and the LMACC. These documents are available to members in the members area.
 

Members

Members' area

Contact us


James Wilson
Senior Executive, Claims