LMA and IUA Launch Sustainability Data Standard Resource for Insurers
24 Jul 24 | London, 24 July 2024: A new resource to standardise the way in which underwriters ask insureds about their sustainability data has been released by the Lloyd’s Market Association (LMA) and the International Underwriting Association (IUA).
LMA and IUA Launch Sustainability Data Standard Resource for Insurers
24 Jul 24 | A new resource to standardise the way in which underwriters ask clients about their sustainability data has been released by the Lloyd’s Market Association (LMA) and the International Underwriting Association (IUA). The Sustainability Data Standard i
LMA appoints new Board members
24 Jun 24 | London, 24 June 2024: The Lloyd’s Market Association (LMA) has announced the appointment of four senior market leaders to its Board. The LMA is governed by a Board which sets the overall strategy, direction and priorities of the association.
JXL members explain background to their marine cyber clause
19 Jun 24 | London, 19 June 2024: The LMA and IUA’s Joint Excess of Loss Committee hosted a packed session in the Lloyd’s Old Library for underwriters and brokers yesterday to talk through the genesis and development of the committee’s 2023 cyber clause.
LMA consolidates changes to marine hull and cargo oil price cap clauses in response to series of sanctions changes
10 Jun 24 | London, 10 June 2024: The Lloyd’s Market Association (LMA) has issued a revision to the market’s hull and cargo oil price cap wordings.
Oil Price Cap - Revised Hull and Cargo Clauses
07 Jun 24 | In order to provide further clarity for practitioners seeking to comply with the Oil Price Cap legislation, LMA is issuing revised wordings for Cargo (LMA5650) and Hull (LMA5651).
Public Sentiment Extensions for Contingency Business
29 May 24 | The LMA’s Contingency Business Panel has published several model Public Sentiment Extensions.
Mourning Exclusions and Extensions for Contingency Business
29 May 24 | The LMA’s Contingency Business Panel has published several model Mourning Exclusions and Extensions.
Environment and Climate Litigation Newsletter, May 2024
28 May 24 | The Environment and Climate Litigation Committee, the LMA's newest committee, met for the third time in May 2024. This newsletter, intended for members only, provides a summary of the committee's main discussion topics.
Named Volcano and Volcanic Eruption Exclusions for Contingency Business
14 May 24 | The LMA’s Contingency Business Panel has published a model Named Volcano Exclusion (LMA5639) and a Volcanic Eruption Exclusion (LMA5640) for use on event cancellation and non-appearance contingency business.