The International Liability Business Panel met on 19th of March 2026 to discuss market developments, regulatory updates, and ongoing workstreams. Lloyd’s Underwriting Performance team outlined strong financial results, with a £10.6bn pre-tax profit and continued premium growth, alongside a focus on enhanced data strategy, portfolio monitoring, and simplified reporting. They highlighted increasing global capacity driving competition, particularly in SME and mid-market segments, while US casualty remains challenging due to social inflation and litigation pressures.
A regulatory update on Brazil noted significant uncertainty following new insurance laws, including restrictions on claims control clauses and new proposal response requirements.
Ongoing actions include development of a Bodily Injury Index app, clarification of LTA wording practices, and formation of working groups on advertising liability and life sciences. Several agenda items, including claims trends and market updates, were deferred. The next meeting is scheduled for 21 May 2026.