Policy Wordings - Residual Market Mechanisms Clause – Property Reinsurance
The LMA’s Property Reinsurance Business Panel has produced the following clause :
LMA 5071 Residual Market Mechanisms Clause
A copy is attached below for information. The wording is also being made available on the LMA wordings repository.
This wording is purely illustrative and established and distributed for the guidance of Members, who are free to agree different conditions.
Any queries on the above should be addressed to Peter Martin at the LMA on 020 7327 4595 or at firstname.lastname@example.org.