AlgoPolisExclusion guerre et opération cyber, réassurance traité cyber (Exclusion C)
The same as 5630, with one transitional exception: the paragraph 1 exclusion does not apply to losses arising out of original policies, reinsured hereunder, incepting before 1 April 2024 on a Losses Occurring During basis.
The same exclusions as 5630, outside the transitional LOD window before 1 April 2024.
The LMA suggests keeping it for the first renewal after the Lloyd's requirements bite, to manage the transition on treaties covering earlier policies.
A transitional clause with a short life: it stops being useful once the first renewal has passed.
Issued 1 March 2024 (bulletin LMA24-011-CM). It duplicates Exclusion B and adds the transitional LOD cut-off at 1 April 2024.
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English texts are reproduced for educational purposes from official LMA sources.
French translations are unofficial and produced by AlgoPolis for educational purposes only.
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Type classification inferred by AlgoPolis from official Lloyd's definitions, to be confirmed with the LMA.