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Lloyd's Market Association Bulletin

LMA24-019-AR| 25 March 2024

Political Risk/Credit Risk Oil and Oil Products Cap Price Notice Endorsements

The LMA is reissuing LMA5612 and LMA5613 clauses to respond to the recent changes to the Oil Price Requirements.

LMA5612A - Political Risk Oil and Oil Price Cap Endorsement  

LMA5612A Price Cap Exception Clause (Political Risk) – Appendix 1  

LMA5612A Price Cap Exception Clause (Political Risk) – Appendix 2  

LMA5613A - Credit Risk Oil Price Cap Endorsement  

LMA5613A Price Cap Exception Clause (Credit Risk) – Appendix 1 Pre-Inception Endorsement Attestation  

LMA5613A Price Cap Exception Clause (Credit Risk) – Appendix 2 Qualifying Voyage Attestation  
 
Arabella Ramage
Legal Director
arabella.ramage@lmalloyds.com

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