LMA - Joint Excess Loss Committee

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Joint Excess Loss Committee

The Joint Excess Loss Committee (JXL) reviews excess of loss reinsurance issues in the London market, specifically for marine, energy and aviation risks.

It is comprised of senior underwriting representatives from both the Lloyd’s and IUA company markets.

Committees » Marine

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Committee

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Neil Roberts

Head of Marine & Aviation

Committee secretary

Claire Wallace

Chair

William Taylor

Deputy Chair

Key issues covered

The committee monitors evolving risks and trends to help members to be informed and prepared for the latest developments in the market.

XL on XL

The committee has set up a working party to examine the issues around XL declarations.

Cyber

The committee is mindful of the Lloyd’s and PRA drive for clarity on policies with cyber exposure and liaised widely with the market and fellow reinsurers to produce the current model wording, which is available on the LWR.

Wordings

The JXL helps to develop and issue wordings for use across the market. To receive email notification of new wordings, please subscribe.

10 November 2021

JX2021-016 – Cyber Exposures

6 November 2020

JX2020-010A – Communicable Disease Limited Coverage Endorsement

6 November 2020

JX2020-009A – Communicable Disease Exclusion

01 July 2020

JX2020-012 – Schedule of Agreed Communicable Disease Exclusions

01 July 2020

JX2020-009 – Communicable Disease Exclusion

19 June 2020

JX2020-007 – Joint Excess Loss Cyber Losses Clause

15 November 2018

JX2018-003 – ARIAS (UK) Arbitration Confidentiality Clause

Committee insights

Replay – Data Centre Regulation, Resilience, Availability and Performance

Replay – When Cyber Becomes Physical: Understanding OT Risk, Loss and Claims

Replay – Data Centres (and IT) Technology

Upcoming events

For events hosted online, joining instructions will be emailed to all registered attendees closer to the date of the event no later than 24 hours prior to commencement.

View more events

9/11: Twenty-Five Years of Terrorism Risk Evolution – Lessons for the Next Generation of Underwriters

Twenty-five years after 9/11, the Terrorism & Political Violence Committee will reflect on how terrorism and political violence underwriting has evolved, the lessons learned and the emerging risks that could shape the market’s next chapter.

Joint Natural Resources Committee Forum

The LMA invites professionals from across the energy insurance market to the Joint Natural Resources Committee (JNRC) Forum, a biannual event exploring key developments, emerging risks and challenges affecting the sector.

LMA Cyber Vendor Secondment Programme 2026/7

The LMA invites members to our Cyber Vendor Secondment Programme, offering participants a structured learning experience with vendors who play a central role in ransomware response.