All LMA Press Releases (archive)

LMA to focus on growing Lloyd’s US presence in 2025 16 Jan 25   The North American market has for many decades been critical to premium volumes and profitability for the Lloyd’s market.

LMA publishes new framework for under-modelled cyber exposures 13 Jan 25   A new report has been published by the LMA setting out a framework for Lloyd’s insurers to consider using when managing their exposure to lesser-known systemic cyber risks.

Lloyd’s Market Association announces 2025 priorities 09 Jan 25   The Lloyd’s Market Association (LMA) has today announced its 2025 priorities.

Lloyd’s Market Association appoints Joe Brace as Operations Director 18 Dec 24   The Lloyd’s Market Association (LMA) today announced the appointment of Joe Brace as Operations Director, effective Spring 2025.

LMA announces two new Board members 26 Nov 24   The Lloyd’s Market Association (LMA) has announced the appointment of two senior market leaders to its Board.

Lloyd’s Market Association publishes extensive report on the future of enhanced underwriting 18 Nov 24   The Lloyd’s Market Association (LMA), in collaboration with Oxbow Partners, has published a comprehensive new report, Enhanced Underwriting in the Lloyd’s Market, exploring the rapid digital and strategic evolution reshaping the insurance industry.

How the insurance industry can support a sustainable global future 24 Oct 24   The LMA-commissioned report, Underwriting the Transition, is a timely reminder of how important the insurance industry is in ensuring that the ambitious goals of the Paris Agreement in 2015 to achieve a low-carbon economy are met.

LMA Board adopts new process for appointment of Chair 22 Oct 24   The Board of the Lloyd's Market Association (LMA) has agreed a timing and procedural change around the appointment of its new Chair.

John Levett appointed Head of Regulatory Affairs at the Lloyd’s Market Association 21 Oct 24   The Lloyd's Market Association (LMA) is pleased to announce the appointment, with immediate effect, of John Levett to the position of Head of Regulatory Affairs. In this role, he will report to Arabella Ramage, Legal Director of the LMA.

LMA appoints new Board members 30 Sep 24   The Lloyd’s Market Association (LMA) has announced the appointment of two senior market leaders to its Board.

New report finds opportunities to boost the attractiveness of Lloyd’s for capital throughout the market cycle 26 Sep 24   The Lloyd's Market Association (LMA) and Aon have today launched a new report designed to give insight into the experiences of capital providers investing in Lloyd’s.

LMA celebrates first qualified solicitors from its Legal Trainee Wordings Scheme 18 Sep 24   The Lloyd’s Market Association (LMA) has today announced the qualification of the first graduates from its Legal Trainee Wordings Scheme.

LMA and IUA Launch Sustainability Data Standard Resource for Insurers 24 Jul 24   London, 24 July 2024: A new resource to standardise the way in which underwriters ask insureds about their sustainability data has been released by the Lloyd’s Market Association (LMA) and the International Underwriting Association (IUA).

LMA appoints new Board members 24 Jun 24   London, 24 June 2024: The Lloyd’s Market Association (LMA) has announced the appointment of four senior market leaders to its Board. The LMA is governed by a Board which sets the overall strategy, direction and priorities of the association.

JXL members explain background to their marine cyber clause 19 Jun 24   London, 19 June 2024: The LMA and IUA’s Joint Excess of Loss Committee hosted a packed session in the Lloyd’s Old Library for underwriters and brokers yesterday to talk through the genesis and development of the committee’s 2023 cyber clause.

The Lloyd’s Market Association announces 2024 priorities 22 Jan 24   The Lloyd’s Market Association announces 2024 priorities.

Lloyd’s Market Association launches ESG Academy 20 Sep 23   London, 20 September 2023: The Lloyd’s Market Association (LMA) has announced the launch of its Environmental, Social and Governance (ESG) Academy, designed for professionals within the Lloyd's market and the global (re)insurance sector.

LMA announces Claims Committee election results 22 Mar 23   The LMA has announced the results of the LMA Claims Committee elections. The committee provides leadership and direction for the Lloyd’s claims community and advises the LMA Board on strategic claims matters.

LMA launches CUO Committee for market-wide strategic initiatives 22 Feb 23   The LMA has announced the launch of the CUO Committee to represent the views of the managing agents on issues of strategic importance to Lloyd’s and provide guidance and advice to the underwriting community across the Lloyd’s market.

LMA releases new format of Home Insurance Policy 2023 19 Jan 23   The LMA has today released a revised interactive format of the LMA UK Home Insurance Policy (HIP) 2023.

LMA Panel announces renewed approach to membership 22 Nov 22   A new approach to WWP elections seeks to achieve greater diversity among its membership in order to be more representative of the Lloyd’s market and its customers as well as recognising the value of diversity in developing high-performing groups.

LMA appoints three new Board members 19 Oct 22   The LMA has announced the appointment of three senior market leaders to its Board.

LMA launches Charter to support improvement in market culture 03 Oct 22   The LMA's new framework includes expectations of behaviour at LMA events

LMA launches Wording Training Scheme 28 Sep 22   LMA launches Wording Training Scheme to train qualified solicitors for the London market

LMA appoints Powell as Claims Director 22 Apr 22   The LMA has announced the appointment of Janine Powell as Claims Director.

LMA Response to COVID-19 13 Mar 20   The LMA has set out a ‘work from home’ Business Continuity Plan from Tuesday 17 March up until the end of March. While the office is closed, the LMA is still open for business and operating as close to usual as possible.

LMA’s Amy Stringer named IRLA’s Young Professional of the Year 18 Nov 14   Amy Stringer of the Lloyd’s Market Association (LMA) has been named ‘Young Professional of the Year’ by IRLA, the Insurance and Reinsurance Legacy Association.

Seminar to map partnership between geographers and insurers 17 Oct 14   The close relationship between insurance and geography is to be explored in a seminar at Lloyd’s this week given by the Royal Geographic Society.

LMA ‘Disappointed’ with CMA Final Report 24 Sep 14   The LMA has expressed its disappointment with today’s final report from the Competition and Markets Authority (CMA) on private motor insurance.

LMA moves to boost representation of under-30s 22 Sep 14   Under-representation of young insurance professionals in some areas of the Lloyd’s market is to be tackled by the Lloyd’s Market Association in a new initiative announced today.

LMA disappointed by CMA’s plan to reform private motor insurance 29 Jul 14   Proposals by the Competition and Markets Authority (CMA) to reform the private motor insurance market, specifically the cost of hire cars after an accident, have been labelled as ‘disappointing’ by the Lloyd’s Market Association (LMA).

LMA response to MoJ 'whiplash' proposals: cut medical fees and improve examinations 10 Jun 14   In response to consultation on the MoJ proposals on fixed costs for medical examinations/reports and related issues, the LMA has outlined its support for the introduction of fixed costs for whiplash medical reports.

Lloyd’s insurers told company boards are “ticking boxes” rather than concentrating on data security 04 Jun 14   The Commissioner of the City of London Police, Adrian Leppard, told Lloyd’s managing agents that corporate board members are “ticking boxes rather than concentrating on the security of their data”.

London insurance market launches new assessment for floating units 03 Jun 14   A new voluntary safety assessment for mobile drilling vessels known as floating units has been launched by the London insurance market.

LMA gives managing agents unique insight into US litigation in action 30 May 14   The LMA Academy staged a realistic five-day programme in New York climaxing with a court case with 18 delegates from Lloyd’s managing agents playing the roles of jury members.

London market survey highlights improvements in claims process - challenges remain 10 Mar 14   A recent survey has highlighted the recent strides that have been made to improve the London market’s claims capabilities, but also the need for continued investment.

LMA contributes to European Commission study into Remote Piloted Aircraft Systems 26 Feb 14   The LMA has been providing input into a new European Commission study looking into the third party liability and insurance requirements relating to Remote Piloted Aircraft Systems.

LMA to launch major claims study of Lloyd’s market 24 Feb 14   The LMA is to pilot an important review of the quality of claims management in the Lloyd’s market.

LMA responds to Competition Commission investigation into motor insurance 20 Feb 14   The LMA has responded to the latest consultation from the Competition Commission, which examines potential remedies to the problems facing the UK motor insurance industry.

New Risk Data Capture Service launched 03 Feb 14   A new shared service to capture insurers' policy information went live as planned on Monday 27 January.

Gittings announces LMA vision for 2014 21 Jan 14   David Gittings today told over 50 of the market’s most senior executives that the LMA was to focus its ongoing work in 2014 on three main areas.

Arctic conditions demand care and attention says LMA 07 Jan 14   Underwriters at the Lloyd's of London insurance market would not be surprised to see proposals for cruise ships transiting Arctic routes to travel in pairs, the LMA said this week.

Former hostage tells Lloyd’s underwriters of suffering at hands of pirates 30 May 13   Underwriters at the Lloyd’s of London insurance market have heard a vivid first-hand account of the plight of seafarers taken hostage by modern-day pirates.

~/LMA/News/whats_hot/protestsinna.aspx 22 Feb 11   There has been considerable property damage as a result of the recent civil disturbances but the extent will not be clear for some time, particularly as protests continue in several countries...

~/LMA/News/whats_hot/jwcpositiononegypt.aspx 03 Feb 11   The situation in Egypt is being monitored by underwriters and their security advisers. At present, the Canal remains open and, despite reports of isolated incidents, the ports are largely functioning as normal.