The committee reviewed year-end survey feedback, revealing a call for greater clarity in purpose and cross-committee alignment. Reporting simplification remains a key priority, with a dedicated forum to follow in June. Lloyd’s offered Solvency UK pilot insights, encouraging more managing agents to engage. Pillar 2 tax challenges and the impact of recent guidance were highlighted, with LMA planning industry-wide support. Capital CPG updates confirmed that aligned syndicates may benefit from revised timelines. The committee acknowledged strong Next Gen contributions and the need for broader engagement. A new expenses and acquisition cost data workstream is also under development for 2025.