Atlantic Hurricane season 

The 2017 Atlantic hurricane season is causing great difficulties across the Caribbean and southern United States. The whole Lloyd's market is closely monitoring evolving situation. We have a long-standing connection with our very many brokers, coverholders and policyholders in the region and stand ready to help. Over the last decade the LMA has invested in the systems and processes needed to speedily pay claims and get those affected back on their feet quickly. We have now activated response plans. As the situation develops over the coming days and weeks the LMA will be working with both our members and Lloyd’s to support brokers and Lloyd’s policyholders across the Caribbean and United States. 
A market briefing is available here.

Date added: 15 September 2017

Other News:
LMA Working Party formed to examine implications of banking regulations
Major Claims Return (MCR) template for Hurricane Harvey

 

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