Risk Code Triangulations
The LMA regrets the delay in producing the Q3 2020 Triangulations. This is due to circumstances beyond our control.
Updates usually become available approximately 4 weeks after the quarter end. LMA receives data from DXC and Lloyd's and formats it by Lloyd's Risk Code for the 1993 year of account and subsequent.
As identified in LMA19-014-PD, the LMA began to publish the loss ratio triangulations using both DXC data (the original basis) and Gross Quarterly Data (GQD) in Q1 2019. Since then there have been discussions with Lloyd’s regarding the publication of the GQD triangulations on the Lloyd’s Insights Hub. We are pleased to inform members that the loss ratio triangulations prepared using GQD data have been available on the Insights Hub called the “Underwriting Development Triangles” since 15 September 2020.
While we had hoped to continue to publish the loss ratio triangulations using the DXC data until the end of 2020, there have been significant issues converting this data in recent quarters. The delay in publication of each quarter’s data means that there is little value in the continued publication of this data on the LMA website so members are invited to access the Lloyd’s Insights Hub.
Note: Only staff at LMA full member organisations are entitled to access these older LMA reports.