|
January
LMAS attend various syndicate meetings and receive updates
from the Managing Agents.
Forwarding of Annual Valuations to Names.
Notification to Names of February Cash Calls.
|
|
February
Cash Movement
reports sent to Names by Market Services.
Settlement of February Cash Calls.
|
|
March
Preliminary
notification of syndicates that will remain open.
Preliminary syndicate result received from Managing Agents.
Estimates sent to Names (based on figures provided from
Managing Agents.
Syndicate Report and Accounts sent to Names. |
|
April
Notification to Names of June Cash Calls, in addition to
underwriting result as at 31 December)
Request bank details for surplus payments to Names.
|
|
May
Underwriting
result as at 31st December, sent to Names.
Capital Test Data made available to Members Agents.
LMAS Newsletter sent to Names. |
|
June
Underwriting
losses collected.
Underwriting surpluses released to Names.
MAPA reports despatched to Names.
|
|
July
It is hoped that
Exeat quotations may be available to Names from Centrewrite
Limited.
Australian Names
underwriting surpluses released.
Commence the Total Release of Funds at Lloyd's, for Names that
no longer have any liability at Lloyd's. |
|
August
Partial Release
of Funds at Lloyd's exercise.
Notification of
September Cash Calls.
|
|
September
Settlement of
September Cash Calls.
Commence Total Release of Funds at Lloyd's, for Names that
have purchased an Exeat policy.
Capital Test Data made available to Members Agents.
2nd quarter
estimated results to Names. |
|
October
Notification of
November Cash Calls.
Partial
Release exercise deadline.
|
|
November
Settlement of
November Cash Calls. |
|
December
EPP quotations
issued by Centrewrite.
3rd quarter estimates sent to Names.
LMAS Newsletter sent to Names. |
