The committee convened to discuss several key developments, beginning with a revised draft of the XL on XL clause. Members were encouraged to provide written feedback, with the aim of promoting transparency and managing exposure risks. The conversation turned to carbon capture and storage (CCUS), where the committee was presented with engineering insights on regulatory mandates, carbon credit exposures and the challenges of insuring CO2-related risks. The group acknowledged the complexity of these risks and the need for tailored wordings. Updates were shared on the JSC crypto clause, which is nearing a working draft. In the claims segment, members considered hosting a session with Clyde & Co to explore proactive versus reactive underwriting approaches, particularly in relation to chemicals and asbestos. The aviation war peril case was expected to reach judgment shortly, potentially triggering settlements. Finally, the committee discussed inviting ECLIC to present on tort reform and the Superfund initiative.