The committee held its first meeting under the new co-Chairs, reaffirming its purpose as a collaborative forum for sharing best practice, guidance and emerging issues across the market, with an emphasis on collective ownership and in-person engagement. Updates were provided on current Finance Committee activity and ongoing workstreams, including acquisition cost transparency, finance talent pathways, and FCP adoption, with members agreeing to focus on practical, syndicate-led perspectives.

Members also discussed Solvency UK pilot experiences, interim reporting challenges, and opportunities for further reporting rationalisation, including reducing duplicative data requirements. Emerging uses of AI in finance and reporting were explored, alongside a broader discussion of recent successes and challenges faced by members.