The committee discussed the AVSA 100B GUA circulation and agreed on issuing market-wide guidance, addressing best practice and the use of discretion clauses. Members were asked to provide feedback on the NACHA review, which the IUA is progressing. The committee highlighted the need to educate new market entrants on attritional loss issues and suggested a joint meeting with the IUA and LIIBA. The Satellite Risk Committee is finalising a salvage clause and reviewing loss adjuster wording. Hull War Forum updates covered market capacity concerns and geopolitical events. The committee also discussed subjectivity issues and market-wide guidance.