LMA survey finds 50% jump in acturial resource use at Lloyd's in three years

Aegis London has created four new roles to help the business meet forthcoming Solvency II requirements.

Vinay Mistry, joins as head of capital management, and Nalin Wickremeratne, head of technical reporting, will both report to Aegis London’s managing director, Stuart Davies.

Holly Stirling joins as actuary and Giuseppe D’Angelo as actuarial analyst. Both will report to Paul Kedney, chief actuary.

Davies said: “These four new roles not only illustrate the significant investment we are making in the infrastructure of our business but also reflect the complexities and resource demands of successfully meeting the regulatory requirements of Solvency II.

“A recent Lloyd’s Market Association survey found a near 50% increase in actuarial resources employed in the Lloyd’s market over the last three years and I would expect to see a succession of actuarial appointments elsewhere in the market over the coming year as the deadline for Solvency II implementation approaches,” Davies continued.

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