The document outlines the minutes of the International Casualty Reinsurance Business Panel meeting held on 18 November 2025. ​ Key topics discussed include compliance with competition law and the LMA Charter, approval of the previous meeting’s minutes, and updates on standing items. ​ James McPartland from the International PI panel presented a report on AI loss scenarios, highlighting the benefits and risks of AI adoption in professional services and the upcoming EU AI Act. ​ The panel reviewed legacy wordings under Project Spring Clean, with decisions to keep, archive, update, or withdraw clauses. Updates were provided on the Cyber Reinsurance Subcommittee and Lloyd’s tightened oversight for RITC deals. ​ The Non-Marine Committee shared insights on a study about the role of the lead in the Lloyd’s market. ​ Stuart Dale stepped down as Chair, with Jehangir Kadan and Romain Domps assuming Chair and Deputy Chair roles in 2026. ​ Meeting dates for 2026 were confirmed, with hybrid formats planned. ​