Sources approve of Labour's plans around regulatory accountability....
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
Cross-Market Co-Lead Claims Agreement
This market guidance has been produced by the LMA Delegated Authority Claims Group (DACG), with support from LIIBA’s Delegated Authority Claims Committee and the IUA....
This market guidance has been produced by the LMA Delegated Authority Claims Group (DACG), with support from LIIBA’s Delegated Authority Claims Committee and the IUA....
PR / 3 months ago
Material Development Communication for Insurers
Introduction of the Lloyd’s Claims Lead Arrangement (CLA) included a requirement for Material Development Communications (MDC), previously known as key event protocols, to be shared in...
Introduction of the Lloyd’s Claims Lead Arrangement (CLA) included a requirement for Material Development Communications (MDC), previously known as key event protocols, to be shared in...
PR / 5 months ago
Lloyd's Claims Lead Arrangements Endorsements Published
All LMA model documents are purely illustrative and are published and distributed for the guidance...
All LMA model documents are purely illustrative and are published and distributed for the guidance...
PR / 7 months ago
Co-Lead Claims Agreement Update
From 1 June 2023, the Lloyd’s Claims Lead Arrangements (“CLA”) apply to all risks written within a co-lead binder arrangement....
From 1 June 2023, the Lloyd’s Claims Lead Arrangements (“CLA”) apply to all risks written within a co-lead binder arrangement....
PR / 12 months ago
LMA DACG Delegated Claims Standards
The DACG has been working collaboratively with Lloyd’s, brokers (LIIIBA’s Delegated Authority Claims Committee) and DCAs...
The DACG has been working collaboratively with Lloyd’s, brokers (LIIIBA’s Delegated Authority Claims Committee) and DCAs...
Article / 3 years ago
Claims & VAT: Lloyd’s Europe Reporting Requirements & Solution
The LMA Claims Committee (LMACC) has sponsored and funded the Gemini development and implementation on behalf of the...
The LMA Claims Committee (LMACC) has sponsored and funded the Gemini development and implementation on behalf of the...
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
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
Cyber Clauses for use on Casualty Reinsurance Business
To notify interested parties that, in order to satisfy Lloyd’s Bulletin Y5277 – Providing clarity for Lloyd’s customers...
To notify interested parties that, in order to satisfy Lloyd’s Bulletin Y5277 – Providing clarity for Lloyd’s customers...
Article / 3 years ago