London Market Association (LMA)
LMA explains motor rises to OFT
The Lloyd’s Market Association has issued a plea to the Office of Fair Trading to consider the underlying causes of rising motor premiums before it reports next month.
Global compliance database gets go ahead
London market movers have put aside concerns over competitive advantages to build a jointly owned compliance database for global insurance programmes, providing details of regulations on a territory-by-territory basis.
Marine - Post-IUMI: High seas scrutiny
The recent International Union of Marine Insurance conference underlined the escalating piracy problem and tasked underwriters with delivering a cargo-specific solution.
LMA readies Baker for standards role
The Lloyd’s Market Association’s has promoted senior underwriting executive, Ben Baker, to the role of professional standards manager following the announcement that Terry Hayday is to retire as head of professional services in June.
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
In series - Lloyd's & London market: Power to the people
With employees rightly recognised as crucial to company success, Lloyd’s and London market players are gearing up their efforts to attract and retain top talent.
In series - Lloyd's & London Market: Technological challenges
After a slow start, Lloyd’s and the London market are embracing technological developments to drive down cost, time and errors. But is its embrace of new mediums firm and fast enough?
9/11 Contract certainty: The first steps taken
A rush of legal cases always followed a catastrophic loss before contract certainty was introduced. The attacks on 11 September 2001 thrust the issue into the spotlight but were other factors at play?
Lloyd’s – China: Chasing the Chinese dream
As the world’s second largest economy, China is a tempting opportunity for insurers. Leigh Jackson reports on the key role being played by Lloyd’s, the difficulties in gaining traction and the reality checks on expectations.
LMA announces new board members
Lloyd’s Market Association has announced the results of its 2011 board election.
LMA: industry powerless against pirates
The Lloyd's Market Association has insisted the insurance industry is powerless to stop the growing threat of piracy off the Somali coast.
Exclusive piracy and technology content now available on Post Europe
Post Europe’s weekly update is now live with an article on an article on how international cooperation can tackle piracy and an interview with Ashish Goel from Infosys Technologies.
International teamwork, the key to tackling piracy
Piracy has been an evolving threat for ship owners and the marine insurance market since the 1980s and Neil Smith argues that international cooperation is the only way to combat the modern scourge of marine piracy.
Post Europe: International teamwork, the key to tackling piracy
Piracy has been an evolving threat for ship owners and the marine insurance market since the 1980s and Neil Smith argues that international cooperation is the only way to combat the modern scourge of marine piracy.
LMA calls for removal of referral fees
The Transport Select Committee has missed an opportunity to call for a ban on referral fees for motor claims, according to the Lloyd's Market Association.
LMA: Lloyd’s underwriters will not play large role in loss adjustment process
The Lloyd’s Market Association, the representative body of underwriters at the Lloyd’s of London market has confirmed Lloyd’s exposure to the Japanese earthquake will be largely limited to reinsurance.
LMA revamps terms of engagement
The Lloyd’s Market Association energy claims group has presented their revamped ‘Terms of Engagement for Energy Loss Adjusters’ at this year’s Lillehammer Energy Claims Conference.
LMA backs ban on referral fees
The Lloyd’s Market Association has backed government proposas to end recovery of conditional fee arrangements success fees and after-the-event premiums in its bid to reduce civil litigation costs.
Nato to consult Lloyd's on piracy
The Lloyd’s Market Association is to discuss anti-piracy issues in Germany with officers from Nato.
LMA issues Egypt alert
The situation in Egypt is being monitored by underwriters and their security advisers.
LMA urges managing agents to sign up for “non-moving claims service”
The Lloyd’s Market Association has said that the new service designed to tackle so called “non-moving claims” in the Lloyd’s market is operational and ready for managing agents to sign up.
LMA outlines plans to cut motor costs
The Lloyd’s Market Association has outlined a range of recommendations to help reduce the cost of motor insurance at a Transport Select Committee meeting in the House of Commons.
LMA hails Lloyd's success
The chairman of the Lloyd’s Market Association Barnabas Hurst-Bannister has told the Association of Lloyd’s Brokers in Chicago that the Lloyd’s market is now “ahead” of its competitors when it comes to its approach to process modernisation.