A key discussion focused on the Committee’s role and terms of reference, reaffirming its market-facing remit and agreeing an increased emphasis on education and engagement with the U35s community and wider market initiatives.

Horizon scanning identified a number of emerging priorities, including the potential introduction of a dedicated ports and terminals risk code, developments in subscription market practices, sanctions complexity, alternative fuels, geopolitical trends and evolving liability exposures. 

Members reviewed progress on LSW169a, noting completion of further refinements and discussing the appropriate stage for broker engagement. The Committee also considered data initiatives, future forum planning and market practices such as continuity credits.