New Service of Suit and Jurisdiction Clauses for Lloyd’s Brussel

18 Feb 20 | The two new Service of Suit clauses and Jurisdiction Clauses for use on Lloyd’s Brussels business is to give the market greater clarity as to their use in relation to other dispute resolution arrangements in an insurance contract.

Future at Lloyd’s and Brexit top LMA 2020 objectives

10 Feb 20 | The LMA today revealed its objectives for 2020, intended to enable the success of LMA members and the wider market during a period of significant change.

Market Reform Contract Guidance

03 Feb 20 | In accordance with previous practice, a cross-market group has carried out the annual review of the Market Reform Contract (Open Market) Guidance. This has resulted in the publication of a new version (v 2.0) of the Guidance.

Lloyd’s Market Association appoints Underwriting Director

22 Jan 20 | The LMA has announced the appointment of Jane Hayes as Underwriting Director, effective 03 February 2020.

Gemini - Digital Expert Management & Settlement - Phase II

21 Jan 20 | Phase II of the Gemini Claims Expert Management platform remains on schedule for delivery in April 2020.

Modernised syndication at Lloyd’s: how might it all work?

20 Jan 20 | The goals are clear: modernised syndication seeks to deliver best-in-class underwriting, by raising underwriting and claims standards for leaders.

Terrorism Risk Insurance Program Reauthorization Act of 2019 (TRIPA 2019)

15 Jan 20 | The Terrorism Risk Insurance Program Reauthorization Act of 2019 (TRIPRA 2019) was enacted on 20 December 2019 and will take effect from 01 January 2021.

Election Results: Joint Power Generation Committee 2020

13 Jan 20 | Results of the Joint Power Generation Committee 2020.

Election Results: Worldwide Property Business Panel 2020

13 Jan 20 | Results of the Worldwide Property Business Panel 2020.

Lloyd’s Modernised Syndication Pilot business classes confirmed

09 Jan 20 | Lloyd's and LMA has announced that the pilot classes for the modernised syndication pilot will be Marine Hull and International Casualty Binders.

JWC Statement: Gulf region update

07 Jan 20 | A statement from the Joint War Committee in relation to the increased tensions in the Gulf region.

Election Results: Personal Accident Business Panel 2020

03 Jan 20 | Results of the Personal Accident Business Panel 2020.

Election Results: Terrorism and Political Violence Business Panel 2020

19 Dec 19 | Results of the Terrorism and Political Violence Business Panel Elections 2020.

The Challenges of Affirmative Cyber Language

09 Dec 19 | David Powell, LMA's head of non-marine discusses the significant challenges around adding affirmative policy language to clauses .

LMA advocates Basel III recognition of non-payment insurance by banks

04 Dec 19 | Banks’ use of non-payment insurance should be recognised in regulatory capital calculations, according to the LMA response to the EC consultation on Basel III reforms.

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