Advisors to property and casualty insurers are seeing signs of the P&C industry's financial people burnin...
US and International Business Interruption clauses published for Power Generation
The Power Generation Committee has published Business Interruption Limitation Endorsements for use on US risk (LMA5606) and International Risk (LMA5606)...
The Power Generation Committee has published Business Interruption Limitation Endorsements for use on US risk (LMA5606) and International Risk (LMA5606)...
Article / 1 year ago
Operations Quarterly Update Nov 2022
An update from LMA's Operations Director Rob Myers for Lloyd’s market Chief Operating Officers...
An update from LMA's Operations Director Rob Myers for Lloyd’s market Chief Operating Officers...
Article / 1 year ago
Cyber and Data Limited Exclusion Endorsement 1
The Wordings Committee has updated LMA5469 to clarify that the limited write-back of cover to the exclusion is subject to all the terms, conditions and exclusions of the policy (and any attached endorsements)...
The Wordings Committee has updated LMA5469 to clarify that the limited write-back of cover to the exclusion is subject to all the terms, conditions and exclusions of the policy (and any attached endorsements)...
Article / 2 years ago
LMA publishes Consumer Duty guidance for managing agents
Consumer Duty implementation simplified by previous application of FCA rules to the insurance industry, says LMA...
Consumer Duty implementation simplified by previous application of FCA rules to the insurance industry, says LMA...
Article / 2 years ago
Financial services and markets bill
The insurance industry has argued for many years for growth and competitiveness to be included as regulatory objectives in financial services reform, which has now materialised as the Financial Markets and Services Bill...
The insurance industry has argued for many years for growth and competitiveness to be included as regulatory objectives in financial services reform, which has now materialised as the Financial Markets and Services Bill...
Article / 2 years 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
US Reinsurance Collateral Changes
Presently a Lloyd’s reinsurer providing protection to a US reinsured is required to provide collateral supporting that contract in the form...
Presently a Lloyd’s reinsurer providing protection to a US reinsured is required to provide collateral supporting that contract in the form...
Article / 2 years ago
Outsourcing and Operational Resilience Update
The PRA has outlined new, and clarified existing, expectations around outsourcing and third party risk management...
The PRA has outlined new, and clarified existing, expectations around outsourcing and third party risk management...
Article / 2 years ago
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...
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 years ago
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...
The LMA Onshore Energy Business Panel have identified several factors in the oil, gas and petrochemical industry which have impacted the decisions taken...
Article / 2 years ago
