New Property Damage Valuation and Average Clause for Onshore Energy Risks
Asset values have always been central to insurance and are key in determining the insurability, pricing and retention...
- The LMA / Article / 2 months ago
- www.lmalloyds.com
The Lloyd’s Market Association (LMA) represents the interests of the Lloyd's community, providing professional and technical support to our members. All managing and members' agents at Lloyd’s are full members, together managing a gross premium income of around £26 billion in 2015.
Asset values have always been central to insurance and are key in determining the insurability, pricing and retention...
The LMA Onshore Energy Business Panel has published the attached model clause...
The LMA Property Reinsurance Business Panel has published the attached model exclusions, in addition to Communicable Disease Exclusion LMA5394...
The LMA North American Casualty Reinsurance Business Panel and the International Casualty Reinsurance Business Panel have published the attached model endorsement...
Property and Marine Cyber Clauses Following publication of Lloyd's Market Bulletin Y5258 sent on 04 July 2019 and the follow-up email from...
Insurers (including their brokers, coverholders or service companies)(1) writing relevant classes of business in New South Wales (NSW) are required to charge an Emergency Services Levy (ESL) alongside the risk premium to cover their contribution to the emergency services annual budget...
After the recent ballot to fill six vacancies on the LMA Worldwide Property Business Panel, the following individuals have now been elected for a three year term:..
Following the recent ballot, five individuals have been elected as members to the Worldwide Property Business Panel (WWPBP) for a three year term...
Lloyd’s managing agents have agreed claims incredibly swiftly following this season’s spate of Atlantic hurricanes. On average, claims arising from Hurricanes Harvey, Irma, and Maria have been agreed in less than five days...
LMA chief executive David Gittings said: “The first response of the Lloyd’s community has been, within days of Irma passing, to pay claims....