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Word(s) in meaning: chat  "global warming"
Postal codes: USA: 81657, Canada: T5A 0A7

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What does LMP stand for?

London Market Principles (insurance)


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Samples in periodicals archive:
Contract Certainty Attributes The above definition makes it clear that the Insurers have the final say on what form the full wording should take, although it seems likely that, in practice, the London Market Principles BRAT slip ("LMP Slip") can be expected to be the basis of that full wording.
Also featured high on his agenda are plans to further develop the London Market Principles initiative.
Guy Carpenter and Amlin launched their ECF initiatives as part of the London Market Principles (LMP) market reforms programme, which outlined a broad programme for improving claims processes, facilitating faster decision-making and providing improved claims service to their clients.
According to work undertaken by the London Market Principles program office it is believed that Brokers Lloyd's, and company carriers could achieve annual savings of approximately $80 million in the London Market by the implementation of the Accounting and Settlement Reforms.

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