Cyberattacks are the leading risk factor to have a ‘major impact’ over the next 12 months, insurance buye...
Model State-Backed Cyber War Exclusion Clauses for Cyber Treaty Reinsurance
LMA5629 (Exclusion A) fully excludes losses arising from war and/or cyber operations....
LMA5629 (Exclusion A) fully excludes losses arising from war and/or cyber operations....
PR / 2 months ago
The Lloyd’s Market Association announces 2024 priorities
Engage, challenge and where appropriate partner with Lloyd’s on the delivery of Blueprint Two...
Engage, challenge and where appropriate partner with Lloyd’s on the delivery of Blueprint Two...
PR / 3 months ago
Providing clarity on cyber and US excess casualty cyber clauses
Lloyd’s has published a number of Bulletins (Y5258 and Y5381) which require managing agents to ensure that their policies are sufficiently clear and robust in addressing non-affirmative cyber and state...
Lloyd’s has published a number of Bulletins (Y5258 and Y5381) which require managing agents to ensure that their policies are sufficiently clear and robust in addressing non-affirmative cyber and state...
PR / 1 year ago
Cyber War & Cyber Operation Clauses Updates
Following market feedback the LMA has made a number of minor changes/corrections to the Cyber War & Cyber Operation Clauses published on 18 January, including...
Following market feedback the LMA has made a number of minor changes/corrections to the Cyber War & Cyber Operation Clauses published on 18 January, including...
PR / 1 year ago
Cyber War & Cyber Operation Clauses Updated
The LMA's Cyber War working group has published the following clauses:...
The LMA's Cyber War working group has published the following clauses:...
PR / 1 year ago
Claims Quarterly
Prompted by the Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments issued by the U.S. Department of the Treasury’s Office of Foreign Assets Control...
Prompted by the Advisory on Potential Sanctions Risks for Facilitating Ransomware Payments issued by the U.S. Department of the Treasury’s Office of Foreign Assets Control...
PR / 2 years ago
LMA publishes cyber clauses to meet Lloyd’s requirements and clients’ coverage needs
The Lloyd’s Market Association (LMA) has produced several model clauses to help members provide clarity about cyber coverage under first-party property damage policies...
The Lloyd’s Market Association (LMA) has produced several model clauses to help members provide clarity about cyber coverage under first-party property damage policies...
PR / 4 years ago
