The complex nature of energy risks means they are too often placed into the commercial insurance market o...
US Reinsurance Collateral Changes
Presently a Lloyd’s reinsurer providing protection to a US reinsured is required to provide collateral support...
Article / 1 month ago
Operations Update
Operations Update
We have 19 managing agents represented at the LMA Operations Committee, with six of these joining the Committee...
Report / 2 months ago
Chief Underwriting Officer Quarterly
Chief Underwriting Officer Quarterly
Update from LMA's Underwriting Director and Deputy Underwriting Director for Lloyd's market Chief Underwriting Officers...
Report / 2 months ago
Outsourcing and Operational Resilience Update
Outsourcing and Operational Resilience Update
The PRA has outlined new, and clarified existing, expectations around outsourcing and third party risk management...
Article / 2 months ago
LMA supports the Lloyd’s Enforcement Board decision
LMA supports the Lloyd’s Enforcement Board decision
The Lloyd’s Market Association (LMA) supports the decision reached by the Lloyd’s Enforcement Board in response to the three charges of...
Article / 2 months ago
Downstream Energy Change or Cessation of Use Questionnaire
Downstream Energy Change or Cessation of Use Questionnaire
The LMA Onshore Energy Business Panel have identified several factors in the oil, gas and petrochemical industry which have impacted the decisions taken...
Article / 3 months ago
Lloyd’s Europe Operating Model, IDD Compliance Process for use where u...
Lloyd’s Europe Operating Model, IDD Compliance Process for use where underwriters are seconded to the LIC UK Branch
The 'Project Clock - LMA FAQs' document is intended to provide answers to the most common questions relating to the Lloyd’s Europe Operating Model IDD compliance process ...
Article / 4 months ago
Updated Australian Consumer Disclosure Notices – New Duty on Consumers...
Updated Australian Consumer Disclosure Notices – New Duty on Consumers to Take Reasonable Care Not to Make a Misrepresentation
In Lloyd's Market Bulletin Y5345 Lloyd’s Australia detailed the changes to the Duty of Disclosure relating to consumer...
Article / 6 months ago
LMA Model Climate Change Exclusion
LMA Model Climate Change Exclusion
The LMA has published LMA5570 , a model climate change exclusion for use on liability policies...
Article / 6 months ago
Cyber War and Cyber Operation Exclusion Clauses
Cyber War and Cyber Operation Exclusion Clauses
In discussion with Lloyd’s, it has been agreed that these clauses meet the requirements set out in the Performance Management...
Article / 6 months ago