The sinking of a coal-carrier by a sea drone has boosted the risk of navigating the vital Bab el-Mandeb c...
JXL members explain background to their marine cyber clause
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...
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...
PR / 18 days ago
Market moves to clarify wordings and tackle aggregation risk via marine cyber clause
The LMA’s and IUA’s Joint Excess Loss Committee hosted a packed session in the Lloyd’s Old Library for underwriters and brokers today to talk through the genesis and development of the committee’s 2023 cyber clause...
The LMA’s and IUA’s Joint Excess Loss Committee hosted a packed session in the Lloyd’s Old Library for underwriters and brokers today to talk through the genesis and development of the committee’s 2023 cyber clause...
PR / 19 days ago
LMA consolidates changes to marine hull and cargo oil price cap clauses in response to series of sanctions changes
The Lloyd’s Market Association (LMA) has issued a revision to the market’s hull and cargo oil price cap wordings...
The Lloyd’s Market Association (LMA) has issued a revision to the market’s hull and cargo oil price cap wordings...
PR / 28 days ago
Marine War Risk: Red Sea & Gulf of Aden; Black Sea & Ukraine
Our Head of Marine and Aviation and Secretary of the Joint War Committee, Neil Roberts, spoke on the eighteenth episode of...
Our Head of Marine and Aviation and Secretary of the Joint War Committee, Neil Roberts, spoke on the eighteenth episode of...
PR / 2 months ago
LMA publishes updated oil price cap clauses for hull and cargo
The Lloyd's Market Association (LMA) has published revised clauses in response to...
The Lloyd's Market Association (LMA) has published revised clauses in response to...
PR / 5 months ago
Changes to Oil Cap Provisions, Hull and Cargo - LMA5404A and LMA5405A
Lloyd's Market Association Bulletin LMA24-007-AR | 13 February 2024 The LMA has updated these model wordings in line with the forthcoming changes to the Oil...
Lloyd's Market Association Bulletin LMA24-007-AR | 13 February 2024 The LMA has updated these model wordings in line with the forthcoming changes to the Oil...
PR / 5 months ago
How do marine blockades work?
Blockades can occur in peacetime but are more usual in war....
Blockades can occur in peacetime but are more usual in war....
PR / 1 year ago
Election Results: The LMA/IUA Joint Marine Committees 2023 Election Arrangements
Following the recent Joint Marine Committee ballots, please see the links below to the successful...
Following the recent Joint Marine Committee ballots, please see the links below to the successful...
PR / 1 year ago
Ukraine Grain Corridor - Steady progress
5th August - JCC Istanbul has authorised the departure of 3 vessels as a second proof of concept: MVs Polarnet, Navistar and Rojen...
5th August - JCC Istanbul has authorised the departure of 3 vessels as a second proof of concept: MVs Polarnet, Navistar and Rojen...
PR / 2 years ago
Lloyd’s Modernised Syndication Pilot business classes confirmed
In conjunction with Lloyd’s, the Board of the Lloyd’s Market Association (LMA) has announced that the pilot classes for the modernised syndication pilot...
In conjunction with Lloyd’s, the Board of the Lloyd’s Market Association (LMA) has announced that the pilot classes for the modernised syndication pilot...
PR / 4 years ago