Limited Communicable Disease Exclusion (Casualty Treaty Reinsurance) and Casualty Reinsurance Loss Occurrence Clause No. 3

Following the publication in May 2020 of LMA5399 – Communicable Disease Exclusion (Casualty Treaty Reinsurance), the LMA North American Casualty Reinsurance Business Panel has now published the attached model clauses:

Communicable Disease Exclusion (Casualty Treaty Reinsurance) and;
Casualty Reinsurance Loss Occurrence Clause No. 3

Following the publication in May 2020 of LMA5399 – Communicable Disease Exclusion (Casualty Treaty Reinsurance), the LMA North American Casualty Reinsurance Business Panel has now published the attached model clauses: LMA5510 Limited Communicable Disease Exclusion (Casualty Treaty Reinsurance); and LMA5511 Reinsurance Loss Occurrence Clause No. 3. As with all LMA model clauses, these clauses are purely illustrative and are distributed for the guidance of LMA members, who are free to agree to different conditions or amend as they see fit. These clauses are available on the Lloyd’s Wordings Repository (LWR), which can also be accessed via www.lloydswordings.com.

The LMA continues to work with various Business Panels/Committees who have requested variants of the coronavirus clause and/or communicable disease language for their class of business. The LMA is, as usual, aiming for a common format/structure and consistency of language across LMA model clauses drafted in response to COVID-19.

Any queries regarding these clauses should be referred to the LMA.

Patrick Davison
Deputy Director of Underwriting
patrick.davison@lmalloyds.com

Alison Colver
Head of Contract Wordings
alison.colver@lmalloyds.com