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Cyber risk has emerged as one of the most dynamic and challenging perils in today’s risk landscape. It is a human-caused and often maliciously motivated threat that can transcend geographical and sectoral boundaries, creating unique challenges for in 3/31/2025
Practical Management of Cyber Exposures and Aggregations
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The LMA, jointly hosted by 7KBW, recently held a session to discuss the reforms brought about by the 2015 Insurance Act. 3/21/2025
Replay - 10 Years of the Insurance Act
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Lloyd Martin, Executive, Technical Underwriting, delves into his life as a wordings professional, working with business class-specific committees of underwriters to produce model wordings for use across the market. 1/28/2025
Finding the right fit: a career in wordings
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Ida Celentano and Toby Clark, Executives, Technical Underwriting, delve into the Lloyd’s Market Association’s (LMA) personal accident policy wording (LMA3177), and how the changes aim to boost consumer understanding. 1/14/2025
Why wordings matter: Toby Clark and Ida Celentano
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In today’s rapidly digitalising world, the nature of cyber risk is evolving. Scoping Out Systemic Cyber Risk, sets out a practical framework designed to help insurers manage the aggregation potential of under-modelled systemic cyber exposures. 1/13/2025
Scoping Out Systemic Cyber Risk
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This report is an objective assessment of Enhanced Underwriting in the Lloyd’s market, capturing viewpoints from market participants representing 77% of Lloyd’s 2023 GWP. 11/18/2024
The Growth of Enhanced Underwriting in the Lloyd's Market: The New Normal?

Bulletins

Mandate of Lloyd's Lead Security - Delegated Authority Agreement Endorsements
[LMA25-008-DG, 4/1/2025] To advise the Lloyd's delegated authority community of recently issued endorsements that support the mandate of Lloyd's lead security requirements.

Funds Withheld and LOC Clauses for Use in Cross-Border Reinsurance Contracts with Indian Cedants
[LMA25-009-RK, 3/28/2025] To inform the market about the publication of two new LMA model clauses - LMA5671 and LMA5672 - that can be used for cross-boarder reinsurance contracts with Indian cedants.

Environment and Climate Litigation Newsletter, November 2024
[LMA25-004-JL, 1/29/2025] The Environment and Climate Litigation Committee met in November 2024. This newsletter summarises the committee's main discussion topics and is the latest in a series of updates on the global environment and climate litigation matters to the market.

Press releases

LMA calls for collective market approach to cyber exposure management
[4/1/2025] The Lloyd’s Market Association (LMA) has today released Practical Management of Cyber Exposures and Aggregations, a best practice document on the management of cyber risks.

London market associations unite to launch misconduct training programme following FCA request
[3/25/2025] Following the publication of the Financial Conduct Authority (FCA)’s 2024 report on non-financial misconduct (NFM) in the wholesale specialty insurance market, the FCA requested work be undertaken by trade associations to provide their respective mem

LMA convenes market discussion on ten years of the Insurance Act
[3/13/2025] At a sold-out event in the Old Library in the Lloyd’s Building, the Lloyd’s Market Association (LMA), in conjunction with 7 King’s Bench Walk (7KBW), hosted a distinguished panel of legal experts to discuss whether the much-debated advantages and ant

Quarterly updates

Operations Quarterly Update
[3/4/2025] Update from LMA's Operations Director Rob Myers for Lloyd's market Chief Operating Officers and Chief Information Officers.

Underwriting Director's Quarterly Update
[2/25/2025] Update from LMA's Underwriting Director, Elizabeth Wooliston, for Lloyd's market Chief Underwriting Officers, issued

Legal & Regulatory Update
[8/8/2024] Update from LMA's Legal and Regulatory Director Arabella Ramage for compliance officers and Heads of Legal at managing and members' agents, issued

Claims Half-Year Update
[7/17/2024] Update from LMA's Claims Director Janine Powell to senior claims leaders and the claims community in the Lloyd's market, issued