The panel discussed NCBR clauses, recommending policies include both war and full NCBR exclusions unless approved otherwise by Lloyd’s. Concerns were raised over a Claims Service Payment Clause and its alignment with SCAP, prompting LMA to seek clarification. A broker’s amendment to a discovery clause introducing ‘subsequent loss’ was reviewed, with members noting potential fraud implications. The Cyber Working Group finalised LMA5478A, with a broker briefing proposed. Committee effectiveness survey results highlighted the value of in-person meetings and broader member engagement. Members were invited to submit clauses for a legal briefing on exclusions. Updates were shared on SMB guidance, AI underwriting survey and wordings including cyber and contingency clauses. Panel reports covered wildfire claims, renewable energy risks and regulatory developments. The LMA’s Project Spring Clean was noted, and a future presentation on US crime and cyber markets was announced.