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Aviation Committee – 19 May

The Committee reviewed the IUA PFA exclusion, with members considering the need for a specific clause to address longtail liability. Current market practice favours full exclusion, though appetite for alternatives will be explored. The Satellite Risk Sub-Committee discussed adjuster nomination clauses and circulated new salvage wording for review. Members were asked to assess legacy clauses under Project Spring Clean. The Hull War Forum provided geopolitical updates on India–Pakistan ceasefire stability and missile activity near Israeli airports. The Committee noted the upcoming Aviation Insurance Clauses Group meeting and reviewed recent claims issues highlighted in the McLarens presentation. Members were reminded that a Lloyd’s representative will attend the June meeting to discuss Lloyd’s engagement.