Among the names being bounced around as a potential running mate for former President Donald Trump's re-e...
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 / 4 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 / 10 months 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
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
Market Reform Contract – Change and Guidance
Market Reform Contract (Open Market) Guidance - new version 2.1...
Market Reform Contract (Open Market) Guidance - new version 2.1...
Article / 3 years ago
Cyber Clauses for use on Directors’ and Officers’ Business
To notify interested parties that, in order to satisfy Lloyd’s Bulletin Y5277 – Providing clarity for Lloyd’s customers on coverage...
To notify interested parties that, in order to satisfy Lloyd’s Bulletin Y5277 – Providing clarity for Lloyd’s customers on coverage...
Article / 3 years ago
Business Interruption Volatility Clause (For use on Oil, Gas and Petrochemical Contracts)
The LMA Onshore Energy Business Panel has published the attached model clause. This clause replaces LMA5383...
The LMA Onshore Energy Business Panel has published the attached model clause. This clause replaces LMA5383...
Article / 3 years ago
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...
Asset values have always been central to insurance and are key in determining the insurability, pricing and retention...
Article / 3 years ago