Archive: All Bulletins | All Press Releases | Contact the Press Office
Political Risk/Credit Risk Oil and Oil Products Cap Price Notice Endorsements 25 Mar 24 | The LMA is reissuing LMA5612 and LMA5613 clauses to respond to the recent changes to the Oil Price Requirements.
Cargo Oil and Oil Products Price Cap Notice and Clause Endorsements 21 Mar 24 | The LMA is reissuing LMA5604A to change the period of time for obtaining documentation to 30 days from 28 days in accordance with the recent amendment to OFSI’s guidelines.
Onshore Energy BI Volatility Clause - LMA5515A 14 Mar 24 | This version of the clause has been updated to address a deficiency in the previous version, which carriers viewed as unsuitable for partial losses.
Election Results: The LMA/IUA Joint Marine Committees 2024 Election Arrangements 12 Mar 24 | Following the recent Joint Marine Committee ballots, please see the links to the successful candidate(s) for each committee.
Model Accident/Accidental Death Endorsement for Contingency Business 11 Mar 24 | The LMA’s Contingency Committee has published a model Accident/Accidental Death Endorsement (LMA5632) for use in Contingency business.
The Lloyd’s Market Association and Insurance Capital Markets Research to release report on Lloyd’s record-breaking results 11 Mar 24 | London, 11 March 2024: The Lloyd’s Market Association (LMA) and Insurance Capital Markets Research (ICMR) intend to unveil a comprehensive report into Lloyd’s results following the publication of all the syndicates’ accounts on 28 March 2024.
Sanctions Clause Guidance Update - LMA3100A and LMA3200 05 Mar 24 | Further to our bulletin dated 05 October 2023 regarding sanctions clauses LMA3100A and LMA3200, the following updated guidance is now available.
Model State-Backed Cyber War Exclusion Clauses for Cyber Treaty Reinsurance 01 Mar 24 | Following consultation with an ad hoc cyber reinsurance working group, the LMA has produced the following model clauses to assist members in underwriting cyber treaty reinsurance business. The CEO Letter from Lloyd's (04 September 2023) extended the
New Consumer Sanctions Suspension Clause Published - LMA3201 20 Feb 24 | The new model Consumer Sanctions Suspension Clause LMA3201 replaces LMA5213, which has been archived. Please note, all LMA model wordings containing LMA5213 have been updated with LMA3201 and given updated reference numbers.
Environment and Climate Litigation Newsletter 19 Feb 24 | The Environment and Climate Litigation Committee, which is the LMA's newest Committee, met for the first time in January 2024. This newsletter provides a summary of the main discussion topics of the Committee.