loading...
logo

International Liability Business Panel – 02 December 2025

The meeting covered a wide range of ongoing market, claims, and wording issues. Updates were provided on the Bodily Injury Index, with data now collected from over 70 jurisdictions and further work underway to resolve anomalies and convert figures into U.S. dollars. Progress continued on LTA wordings, greenwashing clauses, and legacy wording rationalisation under Project Spring Clean. Claims discussions highlighted emerging risks including PFAS, AI, social media, and ultra-processed foods, alongside plans for a 2026 symposium and mentoring initiatives. Market challenges included complexity in large loss disclosures, limited adoption of climate change litigation exclusions, and confusion around deductibles and excess definitions, particularly in Australia. The committee reported on stress testing, AI loss scenario surveys, evolving property and energy issues, and leadership changes. Broader discussions addressed PFAS awareness, occupational disease trends, asbestos incidents, and regulatory developments such as Brazil’s automatic reinsurance acceptance law, with guidance shared to mitigate unintended exposure.