Minutes of the North American Casualty Reinsurance Business Panel meeting held on October 16, 2025. Key topics discussed include compliance with competition law, approval of previous meeting minutes, feedback on US delegation visits, and updates on the LMA Legacy Wordings project, which involves reviewing pre-2010 clauses. ​ A working group was formed to review nuclear clauses. ​ The proposed Cyber RI LMA sub-committee was announced, set to meet in 2026 for a trial period, with updates on cyber risk codes and AI research projects. ​ The PI panel shared insights on AI’s impact on professions and E&O policies. ​ Claims updates were deferred, and the AI project was highlighted as a key focus. ​ Future meeting dates for 2025 were confirmed, with hybrid formats planned. Contact details for Chris Mather were provided for inquiries. ​ Apologies were noted for absent members, and the meeting concluded with no additional business. ​