Business Interruption worksheets
The LMA’s Onshore Energy Business panel (OEBP) has published two Business Interruption (BI) worksheets – one Gross Earnings (LMA9159) and one Gross Profit (LMA9160).
These are designed to assist in the accurate declaration of BI values at a location level. The worksheets are now available on the OEBP section of the LMA website as well as on the Lloyd’s Wordings Repository.
Please feel free to distribute this update to other interested parties.
Patrick Davison
Manager, Property, Reinsurance and Delegated Underwriting
|