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Insights
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David Powell, LMA's head of non-marine explores the introduction of policy language clarifying the treatment of cyber risks. 9/28/2021
The challenge of clarity: cyber risks and policy language
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The Maritime Industry has welcomed the news that the Lloyd’s Salvage Arbitration Branch (LSAB) will remain open, subject to a review on funding and a push for its greater use. 8/6/2021
Lloyd’s Salvage Arbitration Branch sails on
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The Operational Resilience bandwagon is now well and truly underway. 7/16/2021
Operational Resilience Working Group update
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In November 2020, the LMA embarked on Project Dare to address the underlying issues causing the steady decline of premium from delegated authority (DA) partners. 7/15/2021
Why we must Dare to transform how we distribute business
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LMA's Paul Davenport dicusses the findings of a new survey on climate change action by Lloyd’s managing agencies. 6/24/2021
Managing agencies have a lot left to do on climate change
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LMA's Head of Marine & Aviation, Neil Roberts, questions whether the use of sanctions has reached the limits of effectiveness. 6/21/2021
Managing sanctions: time for a rethink?

Bulletins

Return to the Underwriting Room in Lloyd’s with effect from 04 October
[LMA21-036-DP, 10/4/2021] The majority of LMA’s International Casualty and Liability Insurance Business Panel members have now committed to make themselves available within the Room on a regular basis.

LMA Guidance on FCA Pricing Practices Rules (PS21/5)
[LMA21-034-SM, 9/20/2021] All managing agents should ensure they are familiar with new rules regarding insurance pricing practices.

Provision of coverage clarity in respect of cyber exposures - Directors’ and Officers’ clarification
[LMA21-035-PD, 9/20/2021] The purpose of this communication is to provide updated guidance in respect of Directors’ and Officers’ policies.

Press releases

LMA board appointments add “wealth of expertise”
[9/13/2021] The LMA has announced the appointment of six new board members.

LMA facilitates Government-backed live events scheme
[8/6/2021] Following discussions with HM Government and leading Lloyd’s contingency underwriters, Chancellor Rishi Sunak has launched the Live Events Reinsurance Scheme, in partnership with Lloyd’s.

LMA announces Davison as Underwriting Director
[7/8/2021] The LMA has announced the promotion of Patrick Davison to the role of Underwriting Director, with effect from 01 July 2021.

Quarterly updates

CFO Update
[7/15/2021] Update from LMA's Finance Director Paul Davenport, on behalf of the LMA's Finance Committee, for Lloyd's market CFOs and Chief Actuaries - issued on

CRO & Compliance Update
[8/25/2021] Update from Gary Budinger, Senior Executive, Finance & Risk, on behalf of the CRO Committee, issued on

Regulatory Update
[6/18/2021] Update from LMA's Head of Regulatory Affairs Steve Morrell for compliance officers and Heads of Legal at managing and members' agents, issued on

Claims Quarterly
[11/5/2020] Update from LMA's Claims Director Lee Elliston to Heads of Claims and their teams in the Lloyd's market, issued on