The LMA’s Property Reinsurance Business Panel has published an updated USA and Canada Loss Occurrence Clause, NMA2244F.

NMA2244F replaces NMA2244E, which has been archived.

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. Model documents are available on the Lloyd’s Wordings Repository (LWR).

Contact

Toby Clark
Executive, Technical Underwriting
toby.clark@lmalloyds.com