Lloyd's Market Association Bulletin
LMA22-040-SD | 19 December 2022
Model Greenhouse Gas Emissions Reduction Endorsement published
The LMA’s Onshore Energy Committee has produced a model Greenhouse Gas Emissions Reduction Endorsement for use on international risks including North America.
All LMA model clauses are purely illustrative and are published and distributed for the guidance of Lloyd’s managing agents, brokers and other market participants. All contracting parties are free to agree to different conditions/amend the model clauses as they see fit; the LMA does not protect its intellectual property rights over model clauses. It is for underwriters to decide whether or not any contractual language is acceptable on any given risk.
Steven Dennis
Senior Executive, Technical Underwriting