Review
The business – Amlin Bermuda
Progress against operational objectives | |
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2008 priority | Achievement |
Continued growth of Amlin Bermuda business. |
Amlin Bermuda achieved growth in the portfolio of direct business helped by improved security ratings and maturing client relationships. |
Develop technical rate comparability models to ensure correct rate relativity by cedant and area. |
Data capture improved and models under development. |
Review and implement appropriate service standards across the operation to ensure that quality service is provided to our clients. |
Claims standards are in place and performance has been excellent given the hurricane activity of 2008. The wordings process is currently in the process of being reviewed. |
Continue to build the control framework around key underwriting processes. Specific focus to be given to risk aggregation and RDS controls. |
The controls framework around the underwriting process has been developed and is operating effectively. |
Implement a succession planning process and methodology. |
Further recruitment has taken place. |
2009 priorities | |
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