Louisiana Disclosure Notices
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 / Article / 5 months ago
- www.lmalloyds.com
Property - North America
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Property Treaty Limited Communicable Disease Exclusions
The LMA Property Reinsurance Business Panel has published the attached model exclusions, in addition to Communicable Disease Exclusion LMA5394...
- The LMA / Article / 5 months ago
- www.lmalloyds.com
Communicable Disease Exclusion (Casualty Treaty Reinsurance)
The LMA North American Casualty Reinsurance Business Panel and the International Casualty Reinsurance Business Panel have published the attached model endorsement...
- The LMA / Article / 6 months ago
- www.lmalloyds.com
Property and Marine Cyber Clauses
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 LMA / Article / 12 months ago
- www.lmalloyds.com
Satellite Imagery speeds Florence and Michael claims payments
Lloyd’s managing agents have now begun assessing and paying claims to policyholders affected by hurricanes Florence and Michael, enabled and supported by the LMA’s satellite imagery and intelligence service...
Performance to be proud of
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 commends swift Lloyd’s response to Harvey and Irma
LMA chief executive David Gittings said: “The first response of the Lloyd’s community has been, within days of Irma passing, to pay claims....
Major Claims Return (MCR) template for Hurricane Harvey
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...
- The LMA / Article / 3 years ago
- www.lmalloyds.com
Market Briefing: Claims Imagery & Intelligence Service
Given the potential significance (to the Lloyd’s market) of Hurricane Harvey, the LMA, its members and Lloyd’s have activated the Mckenzie Intelligence Service (MIS) for the first time...
Claims update
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...
- The LMA / Article / 4 years ago
- www.lmalloyds.com