An update on “Facts and Figures” highlighted adverse long-tail loss trends, with premium growth not keeping pace with deteriorating claims development across key risk codes. Members noted the challenges of limited data transparency and emphasised the importance of improved insight to support underwriting discipline.
Discussions on crew welfare, including harassment risks, considered whether additional wordings or industry engagement may be required. Broader market topics covered sanctions, blue card processes and regulatory uncertainty, particularly in relation to the Civil Liability Convention and recent EU sanctions measures. Claims and legal updates addressed AI-related exposures and increasing claims severity linked to mental health considerations.