Welcome to the LMA website

Lloyd's Market Association (the LMA), located in the heart of the Lloyd's Building in the City of London, provides professional, technical support to the Lloyd’s underwriting community and represents their interests. All managing agents at Lloyd’s are members, together managing a gross premium income of around £24 billion.

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In the beginning was the wording

It may be just a humble punctuation mark, but the comma is a powerful thing. Author Lynn Truss knew this only too well when she christened her best-selling book on grammar "Eats, Shoots and Leaves." It can, for instance, cost an insurer dearly if its position in a sentence leads to a degree of ambiguity. That comma can, in effect, transfer the authority underpinning a policy from the underwriter whose scratch is upon it to a court of law. 

The comma, and other associated punctuation marks, are just one of the factors that have to be taken into consideration when drafting the wording of an insurance policy.

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 Members

Market data & statistics

LMA full members have access to regularly updated data and statistics, such as:

Loss Ratio Triangulations (Q1, 2013)
Premium Settlement Reports (Apr 2013)
XCS Performance Reports (Apr 2013)
XIS Performance Reports (Apr 2013)
 
Wordings
LMA full membership entitles individuals to access the Lloyd's Wordings Repository.

LMA Bulletins
LMA members are required to log in to access member-only Bulletins