The committee approved the January minutes and confirmed new leadership roles, including Meera Rajoo-Oakley as Chair and Ben Carter as Deputy Chair. Lloyd’s provided updates on the Middle East conflict, DyGIST timelines, market feedback on the 2026 YOA LCR process, and the Early View of Capital, noting planned improvements to communication. Progress on the partial internal models pilot was shared, with syndicates invited to join, alongside updates on year-end reassessments and the reserve benchmarking tool. The committee reviewed feedback from the latest CPG cycle, highlighting issues around timeliness, materiality and communication, with Lloyd’s proposing more structured engagement and process improvements. Working groups reported on AI actuarial use cases and scoped a new post-major event group aimed at supporting strategic and commercial responses following significant market losses.