The panel discussed Lloyd’s proposed split of cyber risk codes into US and non-US categories. Members agreed to recommend a domicile-based allocation method to improve clarity and claims data quality. Feedback will be sought from Patrick Davison at the next meeting. Updates were shared on the Lloyd’s France networking event, with future European events planned. Members were reminded to complete the AI loss scenarios survey. The Committee Effectiveness Survey showed strong engagement, though some concerns were raised about clarity of objectives and meeting timing. The panel agreed to retain the current schedule for 2025. Updates from the Non-Marine Committee included focus areas across Lloyd’s and concerns over the RITC clause. The panel supported launching an emerging professionals sub-committee. Other business included welcoming new members, reviewing second claims agreement party waivers and monitoring broker commission practices on claims payments.