The Lloyd’s Market Association and Insurance Capital Markets Research release Insights Report on Lloyd’s record-breaking 2023 results
15 Apr 24 | London, 15 April 2024: The Lloyd’s Market Association (LMA) and Insurance Capital Markets Research (ICMR) present a detailed analysis and comment on the Lloyd's 2023 results, following our preliminary press release on 11 March 2024.
Environment and Climate Litigation Newsletter, March 2024
04 Apr 24 | The Environment and Climate Litigation Committee, the LMA's newest committee, met for the second time in March 2024. This newsletter, intended for members only, provides a summary of the committee's main discussion topics and is the second update to
Model Canadian Arbitration Clause Published - LMA5633
03 Apr 24 | The LMA has published a model Canadian Arbitration Clause – LMA5633 – suitable for use in all Canadian provinces and territories.
Political Risk/Credit Risk Oil and Oil Products Cap Price Notice Endorsements
25 Mar 24 | The LMA is reissuing LMA5612 and LMA5613 clauses to respond to the recent changes to the Oil Price Requirements.
Cargo Oil and Oil Products Price Cap Notice and Clause Endorsements
18 Mar 24 | The LMA is reissuing LMA5610A to change the period of time for obtaining documentation to 30 days from 28 days in accordance with the recent amendment to OFSI’s guidelines.
Onshore Energy BI Volatility Clause - LMA5515A
14 Mar 24 | This version of the clause has been updated to address a deficiency in the previous version, which carriers viewed as unsuitable for partial losses.
Election Results: The LMA/IUA Joint Marine Committees 2024 Election Arrangements
12 Mar 24 | Following the recent Joint Marine Committee ballots, please see the links to the successful candidate(s) for each committee.
Model Accident/Accidental Death Endorsement for Contingency Business
11 Mar 24 | The LMA’s Contingency Committee has published a model Accident/Accidental Death Endorsement (LMA5632) for use in Contingency business.
The Lloyd’s Market Association and Insurance Capital Markets Research to release report on Lloyd’s record-breaking results
11 Mar 24 | London, 11 March 2024: The Lloyd’s Market Association (LMA) and Insurance Capital Markets Research (ICMR) intend to unveil a comprehensive report into Lloyd’s results following the publication of all the syndicates’ accounts on 28 March 2024.
Sanctions Clause Guidance Update - LMA3100A and LMA3200
05 Mar 24 | Further to our bulletin dated 05 October 2023 regarding sanctions clauses LMA3100A and LMA3200, the following updated guidance is now available.