For 2026, the group will focus on PRA SS5/25 compliance, emphasizing climate transition risk, materiality assessments, and scenario analysis. Members will share current materiality approaches to produce practical, high-level guidance. Short-term climate scenario playbooks will be developed using sectoral pathways from the Underwriting the Transition report, with attention to board-level communication and potential external expertise. Climate-related litigation risks remain under review, pending clarity on Lloyd’s approach. The second iteration of the Underwriting the Transition report will inform scenario work and market engagement, with publication and a webinar planned for February. Additional priorities include preparing for the PRA meeting, reviewing FCA sustainability disclosure proposals, and engaging with brokers and market participants. Key actions are developing scenario playbooks, guiding board communication, and creating a summary of materiality practices.