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Wordings

Notification of new Wordings are regularly posted to this page.

Recently issued Wordings

26 Mar 13 | GUA Marine Cargo Schedule April 2013

21 Mar 13 | LMA3111 L USA Policy

04 Mar 13 | LMA5058A US General Cover Conditions

21 Feb 13 | JC2013/005 Marine Project Cargo Surveyors Code of Practice

21 Dec 12 | JC2012/010 Cargo Accumulation Clause

12 Oct 12 | LMA3109 Power & Utilities Property Damage and Business Interruption Wording (Worldwide excl. USA)

12 Oct 12 | LMA3110 Power & Utilities Property Damage and Business Interruption Wording (USA)

27 Sep 12 | LMA5199 Limited Radioactive Contamination Exclusion Clause

27 Sep 12 | LMA5202 Nuclear Risk Exclusion Clause (Property Reinsurance)

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Note: This website only references new (and occasionally, frequently requested) wordings.

The Lloyd’s Wordings Repository

The Lloyd's Wordings Repository - searchable by reference, market, class of business, jurisdiction or language - enables you to view vetted policy wordings and clauses regularly used within the London market.

LMA Full Members are entitled to access the Repository free of charge. If you are a member and require a login to access the Repository, Please contact us.

Visit the Lloyd’s Wordings Repository (Lloyd’s website)

Usage of wordings/clauses

From time to time, the LMA publishes “LMA” referenced (prior to 2003 “NMA” referenced) wordings and clauses “endorsed” by the Non Marine Committee as model clauses. The models are therefore purely illustrative and distributed for the “guidance” of its Members, who are free to agree to different conditions or amend as they see fit. The LMA does not publish written guidelines with regard to application or intent of any specific contractual terms (unless use of such contractual terms would constitute a breach or potential breach of any law or regulation) and we therefore cannot release any clause drafting history for LMA or NMA wordings. The LMA (including all panels and working groups) in drafting such clauses operates under strict terms of reference to ensure, amongst other things, compliance with Competition Law and it is for Underwriters to decide whether or not any contractual language is acceptable on any given risk.