LMA - Marine Committee

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Marine Committee

The LMA Marine Committee is the overarching committee for maritime issues at the LMA and brings together senior and experienced voices from across the market.

The committee oversees the work of numerous class-specific sub-committees, discussing wide-ranging issues of relevance to the marine sector.

Committees » Marine

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Committee

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Neil Roberts

Head of Marine & Aviation

Committee secretary

Richard Palengat

Chair

Function

The Marine Committee convenes every other month, providing an opportunity for the chairs of each sub-committee to update the market on the wide range of work being undertaken. If any underwriter would like an issue raised at committee level, please get in contact with the committee secretary.

Red Sea

The recent escalation between the Houthis and Saudi Arabia is of concern to both shipowners and underwriters and is being monitored by the committee.

Sanctions

Revised sanctions clauses (LMA3100A and LMA3200) have been released and are available on the LWR.

Sustainability

There are many initiatives in play, not least the International Maritime Organization’s (IMO) decarbonisation targets for shipping. IMO efforts have been suspended but the European Emissions Trading System (ETS) requires information disclosure from owners and underwriters can ask questions about that information. Alternative fuels have yet to benefit from sufficient infrastructure, but there is renewed interest in the possibility of nuclear-fuelled vessels at scale.

Use of wordings and clauses

LMA wordings and clauses, and those produced by Joint Committees on which LMA members participate, are model wordings and therefore purely illustrative. Use is not restricted to LMA members, and the LMA does not protect its intellectual property rights over such wordings. Parties are free to amend LMA or Joint Committee wordings* or agree alternative terms, and it is for Underwriters, Brokers and Clients to decide whether any LMA or Joint Committee wording, whether modified or not, is appropriate for a given risk. The LMA provides no warranty of suitability for any contract or purpose and accepts no liability for any loss or damage arising from reliance on such wording. The LMA does not have clause drafting histories. LMA committees (and panels and working groups which are established by such committees) and Joint Committees are governed by terms of reference designed to ensure, amongst other things, compliance with competition law at all times.

¹please refer to LMA’s bulletin LMA-24-046-DP on amending LMA clauses.

Useful links

Committee insights

JNRC Survey & Engineering Subcommittee – Offshore Wind Claims Bulletin 2026

What the 2026 hurricane season means for insurers

Replay – Data Centre Regulation, Resilience, Availability and Performance

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.

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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.

Zywave Horizon: Cyber Risk Conference

Chris Mather, Senior Executive in Technical Underwriting at the LMA, will be speaking on the panel From Promise to Payoff: SME Cyber Roundtable, which will explore the opportunities and challenges associated with increasing cyber insurance uptake among small and medium-sized enterprises (SMEs).

LMA Marine Forum

The LMA invites marine and energy practitioners to attend the Marine Forum on Tuesday 03 November.

Useful links

The following links are of general interest to the maritime sector. Marine class-specific links can be found on the individual joint committee pages.

IUMI

The LMA Marine Committee works closely with the International Union of Marine Insurance (IUMI), where Committee Secretary Neil Roberts is also Chair of the Policy Forum.

IUMI is a professional body that represents the interests of national and international marine (re)insurers, by providing education and guidance, contributing to public debate and lobbying for the interests of the market.