Lloyd's of London has published an update concerning the framework for the elimination of collateral for UK reinsurers assuming business from US cedants. The agreement was signed in December 2018 and it will come into effect on 22 September 2022. Lloyd’s America will apply for regulatory approval, known as 'Reciprocal Reinsurer' status and it is expected that this status will be available to the market as of 1 October 2022.

Law360, London: Lloyds Bank PLC is seeking a quick win in court on litigation it filed seeking permission to add a sentence to an employee pension plan agreement that it says was inadvertently left out and could ultimately cost the bank more than £25m.

Law360, London: Lloyds Banking Group PLC on Thursday said it has reached a settlement with a couple who helped uncover one of Britain’s biggest banking frauds after their business was destroyed by a loan scam carried out by former employees at the Reading branch of the lender’s HBOS unit.

Law360, London: Lloyds said on 20 February 2025 that it has set aside an additional £700m to cover potential costs arising from a Financial Conduct Authority (FCA) investigation into 'secret' agreements on motor finance commissions and a related appeal at the top UK court.

Law360: A London tribunal has ruled that Lloyds did not discriminate against two Muslim employees after they faced disciplinary action for making anti-Zionist statements in 2021 amid Israel's conflict with the Palestinians.

Law360: Lloyds Banking Group said on 22 February 2024 that it has set aside £450m (US$570m) for potential legal expenses and compensation costs from a Financial Conduct Authority (FCA) investigation into its past car-financing practices.

Law360, London: Lloyds Bank said on 13 October 2025 that it has increased its provision for compensating customers tied to the motor finance misselling scandal by an additional £800m, as the lender raised serious concerns about the Financial Conduct Authority (FCA)’s proposed redress programme.

Law360, London: Lloyd's of London has announced a partnership with Moody's Analytics to help to quantify greenhouse gas emissions from the underwriting and investment activities of its members, to meet new regulatory reporting requirements.

The Lloyd’s Market Association (LMA) has published a policy clause for its members to ensure customers’ coverage continues beyond a specified renewal date if the Lloyd’s market is inaccessible and Emergency Trading Protocol fails.

The Lloyd’s Market Association has published a model climate change exclusion for use on liability policies (LMA5570). It was produced with input from the Joint Committees and the Non-Marine market. The clause includes reference to a definition of climate change, the source of which is the UN Framework Convention on Climate Change (1992, Article 1 (2)).

Lloyd’s of London has set out the Economic Capital Assessment (ECA) process for the 2024 underwriting year including basis of calculation and arrangements for distribution of the Member Modelling Software.

Lloyd’s has confirmed the implementation of revisions to the Lloyd’s Claims Lead Arrangements (previously called the Lloyd’s Claims Scheme) for implementation from 1 June 2023. It gives authority to the managing agent of the leading Lloyd’s syndicate to determine claims on behalf of the following Lloyd’s syndicates. This is supplemented for more complex claims, where the managing agent of the second Lloyd’s syndicate is jointly responsible with the managing agent of the leading Lloyd’s syndicate to determine the claim.