The group confirmed the previous minutes and reviewed outstanding action points, including Lloyd’s progress on the COBRA framework. A presentation by Tim Selwyn from Howden outlined the Schedule of Values (SoV) initiative, focusing on the challenges of data cleansing in the market and proposing a centralised service to streamline processes. Lloyd’s provided updates across several areas including RDS submissions, attestations, recruitment, and the upcoming COBRA cyber reviews. Key updates were also shared on ongoing initiatives: the development of model validation standards, the conclusion of the climate change and EDS working group, and progress in the cyber, casualty, and model upgrade groups. A proposal was made to form a new group reviewing Lloyd’s reporting requirements, aiming to reduce duplication and better understand data usage. The meeting concluded with a discussion on improving engagement through a refreshed meeting structure and rotating chair responsibilities. Several action points were noted, including sign-ups to working groups and follow-ups on the SoV and COBRA timelines.