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 Louisiana Department of Insurance has amended Regulation 107 relating to Homeowner and Fire/Commercial Insurance Policy Disclosure Forms. As a result of these...
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...
The Major Claims Return (MCR) template for Hurricane Harvey, which was distributed to the market by Lloyd's this week, has been added to the Cat Risk Resources section of the LMA website...
As part of an initiative to ensure CAT readiness in the claims community, the LMA held a CAT simulation on 8 June. The simulation involved members of the Lloyd’s claims team and the ‘CAT exposed’ sector groups (binders, marine, property and reinsurance). The simulation included a review of the claims response to the Alberta / Fort McMurray wildfires. The group then considered the key challenges and issues they would face in the event of a California...