Committee of Actuaries in the Lloyd’s Market
CALM, who are a sub-committee of the LMA Finance Committee, meet on a monthly basis, alternating between formal meetings (with Lloyd’s and the LMA present) and informal meetings where any topics suggested by members may be discussed. The current chairman is Parth Patel Ascot, and Deputy chair is Nick Betteridge Canopius), the secretary is Gary Budinger (LMA).
The main activities of the committee include:
- identifying issues of common concern to actuaries in the Lloyd’s market and to facilitate wider communication and/or discussion of such issues
- developing and responding to proposals from Lloyd’s, regulators or professional bodies etc
- liaising with Lloyd’s to provide practitioner advice on matters requiring actuarial input, with an aim to making a positive contribution to decision making
- providing a focused means of communication between actuaries employed by managing agencies and the Faculty and Institute of Actuaries and other relevant bodies.