Donald Trump submitted evidence that the insurer providing his $175 million appeal bond in New York's civ...
Environment and Climate Litigation Newsletter
The Environment and Climate Litigation Committee, which is the LMA's newest Committee, met for the first time in January 2024. This newsletter provides a summary of the main discussion topics of the...
The Environment and Climate Litigation Committee, which is the LMA's newest Committee, met for the first time in January 2024. This newsletter provides a summary of the main discussion topics of the...
Report / 2 months ago
Legal & Regulatory update
Update from LMA's Legal Director Arabella Ramage to Compliance Officers and Heads of Legal at managing and members' agents.
Update from LMA's Legal Director Arabella Ramage to Compliance Officers and Heads of Legal at managing and members' agents.
Report / 3 months ago
Legal and Regulatory Update
2023 has been a very busy and varied year so far for the Lloyd’s Market Association’s (LMA) legal and regulatory team...
2023 has been a very busy and varied year so far for the Lloyd’s Market Association’s (LMA) legal and regulatory team...
Report / 9 months ago
Australia Terrorism and Cyclone Insurance Act Notice
Following amendment of the Australian Terrorism Insurance Act 2003 to make provision for the creation of a cyclone insurance pool, NMA2984 has been updated to reflect the revised title of the Act...
Following amendment of the Australian Terrorism Insurance Act 2003 to make provision for the creation of a cyclone insurance pool, NMA2984 has been updated to reflect the revised title of the Act...
PR / 2 years ago
Swiss Article 19 ('AVO 19') BAA Endorsements
The LMA's DA Wordings Group has published endorsements to delegated authority insurance contracts (Binding Authority Agreements, ‘BAA’) addressing the impact of Swiss Federal Ordinance Article 19 (‘AVO 19’)...
The LMA's DA Wordings Group has published endorsements to delegated authority insurance contracts (Binding Authority Agreements, ‘BAA’) addressing the impact of Swiss Federal Ordinance Article 19 (‘AVO 19’)...
Article / 2 years ago
US Reinsurance Collateral Changes
As a reciprocal reinsurer, Lloyd’s syndicates (“Reinsurer(s)”) should ensure that specific funding provisions are addressed in any US reinsurance contract...
As a reciprocal reinsurer, Lloyd’s syndicates (“Reinsurer(s)”) should ensure that specific funding provisions are addressed in any US reinsurance contract...
Article / 2 years ago
Shaving of Limits: Lloyd’s Best Practice Wording for resolution of Inter-Insurer Disputes
We are pleased to publish the LMA’s FIPI Claims best practice note on inter-insurer dispute resolution...
We are pleased to publish the LMA’s FIPI Claims best practice note on inter-insurer dispute resolution...
Article / 2 years ago
Updated Cyber Clauses for use on US GL and Excess liability coverage forms
The LMA US General Liability Panel has published updated cyber clauses for use on US Excess forms...
The LMA US General Liability Panel has published updated cyber clauses for use on US Excess forms...
Article / 3 years ago
Amendments to LMA Model Clauses
The LMA, on behalf of its members, publishes LMA (and previously NMA and LSW) referenced clauses as model clauses...
The LMA, on behalf of its members, publishes LMA (and previously NMA and LSW) referenced clauses as model clauses...
Article / 3 years ago
Updated 50/50 Provisional Claims Settlement Clause and Model Agreement
Further to the announcement that LIBOR is to be retired from the end of 2021, the Aviation Committees of the LMA...
Further to the announcement that LIBOR is to be retired from the end of 2021, the Aviation Committees of the LMA...
Article / 3 years ago