The Renewable Energy Underwriting Committee met on 14th April 2026 and approved the February minutes. Key updates included rescheduling the DNV offshore wind training course to May, with sufficient initial uptake but encouragement to broaden participation across committees. A new co-chair was confirmed, and progress continued across sub-groups, including renewed work on the obsolescence clause and development of a statement of values clause for market review.

Discussions on wording highlighted challenges around lack of standardisation and interpretation issues, particularly relating to series loss clauses and leg clause development, with ongoing collaboration with brokers. Claims discussions noted significant hail losses and emphasised the need for updated catastrophe modelling and clearer policy definitions.

Market issues focused on ambiguity between excess and deductibles, evolving broking practices, and transparency challenges in subscription placements. The committee agreed to promote improved market guidance, training initiatives, and stronger communication between lead and follow markets.