(Re)Insurer Solutions
Optimise capital, benchmark performance and drive strategic growth.
Differentiate in a Crowded Market
Strategic intelligence for Syndicates and (Re)Insurers.
In a capital-constrained environment, differentiation is the key to growth. Whether you are raising capital, structuring reinsurance or planning your next business year, you need more than just internal data.
You need a market-wide view
ICMR provides the independent benchmarks and valuation models that Boards and Executive teams use to validate strategy, optimise capital allocation and demonstrate value to shareholders.
Strategic Services
Peer Group Analysis
Know Your Position
How does your Combined Ratio compare to your closest peers really?
We go beyond the headlines to analyse gross vs. net performance, expense ratios and underwriting performance at line of business level.
We have developed models to gain insight into the predictive relative performance of syndicates by business line.
Capital & Legacy Solutions
Free Up Trapped Capital
Legacy liabilities drag on ROE. We assist in structuring Legacy Portfolio Transfers (LPTs) and ADCs using advanced stochastic frameworks.
Leveraging deep expertise in Bayesian reserving models (as detailed in our CAS research), we provide the objective pricing support necessary to bridge the bid-ask spread with reinsurers.
Enterprise Value Modelling
Maximise Shareholder Value
We developed the RISX Index to understand how public markets value insurance risk. We apply these same valuation multiples in real time to Lloyd’s syndicates.
Understand exactly how changes in your growth, margin or reserve leverage will impact your Price-to-Book ratio.
How do you compare to your listed parent, if you have one?
New Product Development
Innovate with Confidence
Launching a new class of business? We combine our market-wide benchmarks with your granular data to model loss ratios, volatility profiles and correlation matrices.
Our framework allows you to stress-test new initiatives against the broader Lloyd’s market performance to structure pricing and capital requirements effectively.
Powered by ICMR.Data
Rapid, Granular, Decision-Ready Performance Data
All our analytical work is underpinned by ICMR.Data—our proprietary database of every Lloyd’s syndicate’s performance since 2015.
We don’t just use market averages. We model the specific volatility and profit drivers of your specific business mix.
- Granularity: Analysis by Line of Business.
- Speed: Available months ahead of any other provider.
- Accuracy: Fully reconciled to audited accounts.
Frequently Asked Questions
Clarifying our engagement model for Syndicates and Managing Agencies.
No. We primarily work with public financial data and standardised Lloyd’s filings (QMRs, SBFs). For bespoke portfolio modelling, we can ingest your data via secure file transfer (SFTP). There is no complex IT integration required to get started.
We distinguish ourselves through Speed and Clarity. Our dataset is reconciled and available in mid-April, months ahead of other data providers. Crucially, we focus on Gross Performance by line of business. By stripping out the distorting effects of reinsurance and expense allocations, we reveal the true technical underwriting ability of your peers, unclouded by their capital structures.
Absolutely. We have supported a number of follow-only players in getting a better understanding of past and future performance potentials of syndicates by class of business. See our “Winning portfolio strategy” white paper with Hampden Risk Partners.
Planning your next strategic move?
Contact us for a confidential discussion about capital, valuation or peer benchmarking.