Established in 2023, the Market Returns Committee provides focused oversight and input on matters related to Lloyd’s regulatory and financial return requirements. Reporting to the LMA Finance Committee, the group serves as a central forum for managing agents to collaborate on improving the efficiency, clarity and consistency of market returns.
The committee plays an important role in shaping how reporting obligations are interpreted, implemented and streamlined across the Lloyd’s market.
The Market Returns Committee provides a structured forum to review and guide the Lloyd’s market’s approach to regulatory and financial submissions. Its core areas of focus include:
Evaluating proposed changes to existing return templates and reporting requirements issued by Lloyd’s.
Considering the implications of newly introduced submissions, ensuring they are practical and aligned with market operations.
Addressing technical reporting challenges raised by managing agents or Lloyd’s to promote consistent and accurate interpretation.
Monitoring upcoming regulatory developments and assessing their potential impact on Lloyd’s reporting frameworks and market-wide compliance.