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LMA appoints new board members and sets board diversity target
26 May 21 | The LMA has announced the appointment of four new board members and has also set a target to achieve greater board diversity in the near future.
Updated 50/50 Provisional Claims Settlement Clause and Model Agreement
13 May 21 | Further to the announcement that LIBOR was to be retired from the end of 2021, the Aviation Committees of the LMA, IUA and LIIBA agreed that AVS103 should be reviewed and updated.
Gemini Update – Market Adoption, Guidance
05 May 21 | To provide clarity and guidance on the recommendation for full market adoption and charging model, as consulted with and supported by the LMACC and LMAOC, enabling the transactional charges for Gemini to be shared equitably across all subscribers.
Joint Specie Committee 2021 Election Results
29 Apr 21 | The recent call for nominations from the electorate and subsequent election for available places on the JSC have led to the following members for the 2021 Committee year.
LMA's Operational Resilience Working Group Guidance published
29 Apr 21 | The LMA's Operational Resilience Working Group has published a guidance document for the market on the recent FCA/PRA rules on operational resilience that come into force next year.
LMA appoints Ramage as legal director
29 Apr 21 | The Lloyd’s Market Association (LMA) has announced the appointment of Arabella Ramage to replace legal director Kees van der Klugt, who is retiring in September after more than a decade in the role.
Market Reform Contract – Change and Guidance
16 Apr 21 | The annual review of the Market Reform Contract (Open Market) Guidance has resulted in the publication of a new version (v 2.1) of the Guidance.
Communicable Disease and Coronavirus Exclusions for use in conjunction with Contingency policies
12 Apr 21 | The LMA Contingency Business Panel has drafted new clauses.
Joint Excess Loss Committee 2021
09 Apr 21 | Following the communication sent on 04 March relating to the nomination arrangements for the Joint Excess Loss Committee, we received two nominations (Shane Lawlor, Jens Voges) for the two available places, so they are appointed for a four year term.
Joint Cargo Committee 2021 Election Results
30 Mar 21 | The recent call for nominations from the electorate and subsequent election for available places on the JCC have led to the following members for the 2021 Committee year.