Alex Koukoudis

Senior Executive, Finance & Risk

The recording of the PRA SS5/25: Climate Scenario Analysis webinar is now available.

Hosted by the LMA Climate Risk Working Group, the session launched a market-wide initiative to support managing agents in meeting the expectations set out in PRA SS5/25, with a focus on embedding climate scenario analysis within governance, decision-making and existing risk management processes.

The webinar introduced plans to develop a practical market playbook that will bring together examples of how climate scenario analysis is being used across the Lloyd’s market to inform underwriting, pricing, capital management and strategic decision-making. The session also explored key challenges, priority use cases and areas where further market guidance would be most valuable.

Watch the recording below.

If you have any questions about the webinar or the wider initiative, please contact Alex Koukoudis.

Chris Mather

Senior Executive, Technical Underwriting

The LMA hosted Why AI Matters to Insurers, a webinar providing an in-depth overview of the insurance industry’s response to emerging AI risks, including liability exposures, policy language, underwriting and claims handling, regulatory developments and the role of contract terms in effective risk management.

This session was recorded and is now available to watch below.

If you have any questions, please contact Chris Mather.

John Levett

Head of Regulatory Affairs

The LMA hosted the Emerging Litigation Forum which examined the developing litigation landscape relating to alleged social media addiction.

The meeting explored the emerging risks and insurance implications of social media addiction litigation, recent US verdicts, public nuisance claims, coverage challenges, and the potential expansion of liability to other tech sectors.

The recording is available to view below.

If you have any questions, please contact John Levett.

Katie Clark

Executive, Technical Underwriting

The LMA Financial Institutions Committee hosted a webinar providing an overview of the General Underwriters Agreement (GUA) and its relevance to the underwriting of financial institutions risks.

This session is now available to watch below.

If you have any questions, please contact Katie Clark.

Alex Koukoudis

Senior Executive, Finance and Risk

The LMA Climate Risk Working Group and Sustainability Committee brought together leading sustainability professionals from across the Lloyd’s market and Deloitte for an in-depth roundtable discussion on the evolving regulatory landscape for climate risk and sustainability reporting.

This session covered the latest developments in UKSRS, CSRD and the transition from TCFD to ISSB/UKSRS, with practical insights into strategic implications for insurers. Key topics include regulatory changes, reduced CSRD scope and best practices for preparing your organisation for future disclosure requirements.

The recording of the session is now available to view below and is perfect for those seeking clarity on sustainability frameworks and their impact on the insurance sector.

If you have any questions, please contact Alex Koukoudis.

At the LMA Wordings Forum on 21 April, we heard from Jonathan Hopkins, Associate at DAC Beachcroft, on artificial intelligence and policy wordings.

Download the presentation slides

Listen to Harry Wright of 7 King’s Bench Walk and Rani Noakes of 4 Pump Court discuss the importance of law and jurisdiction clauses in your contracts, and the pros and cons of arbitration as against court based litigation.

Accompanying resources

Download the presentation slides

Access the LMA Comparison of Arbitration Rules 

Alex Koukoudis, Senior Executive, Finance and Risk at the LMA, participated in a webinar with Weightmans focused on the PRA SS 5/25 consultation, discussing what insurers need to achieve before the 03 June deadline.

The session covered:

• The direct, transitional and litigation climate risks that relate to insurers.
• Background and introduction to SS 5/25.
• The key aspects of SS 5/25.
• What must be achieved by the 03 June deadline.
• What will then happen after 03 June.

The webinar is available to view on Weightmans website here.

The LMA Lawyers Forum hosted a session bringing together legal professionals from across the Lloyd’s market to explore key regulatory, contractual and litigation developments impacting insurers. The recording of the session is now available to view below.

The session featured Kyle Moran and Alan Harrell of Phelps Dunbar, who provided an overview of bellwether cases in US PFAS litigation, including the evolving public nuisance aspects of PFAS and similar environmental claims. The forum also included a round-up of legal and regulatory issues currently under review by the LMA.

The recording of the session is now available to view below.

If you have any questions, please contact Ray Koh.

The LMA held the LIC Quarterly Forum, discussing updates on developments related to Lloyd’s Insurance Company (LIC). The session was recorded and the is now available to view below.

Attendees had the opportunity to hear from LIC senior leaders on current hot topics relevant to managing agents’ use of the LIC model, followed by an opportunity for Q&A.

If you have any questions, please contact the John Levett.