The Renewable Energy Underwriting Committee met on 3rd of February 2026 and approved the December 2025 minutes. Key discussions focused on cyber clause compliance, with Lloyd’s confirming older clauses are non-compliant and requiring justification if used. Concerns were raised about broker amendments to standard clauses, particularly around malicious cyber write-backs, which may unintentionally broaden coverage.
Progress updates included strong interest in a DNV offshore wind training course and plans to form a subgroup to develop standardised wording for Leg1 to Leg2 turbine coverage. Broader wording issues highlighted the need to avoid open-ended policy extensions and improve clarity on operational definitions.
The committee also reviewed claims challenges, including late notifications, jurisdictional complexities, and the impact of obsolescence on losses. Market concerns focused on broker practices, disclosure gaps, and communication issues.
Actions included increasing engagement, revitalising subgroups, and encouraging participation in committee initiatives.