The document outlines the minutes of the North American Casualty Reinsurance Business Panel meeting held on January 29, 2026. ​ Key topics discussed include updates on the XOL Clash clause, focusing on creating adaptable base wording for contracts, and concerns over ex gratia claims language, which could lead to unrealistic claims processing timelines. ​ Actions were planned for US compensation bureau relations, including follow-ups with NCCI, WCIRB, and Paradigm for large loss claims. ​ Claudia Goodridge provided updates on the LMA Legacy wordings project, while the Cyber RI sub-committee’s first meeting was scheduled for February 11. ​ Updates on Med Mal committee concerns over damage caps and the LMA Non-Marine Committee’s research on Lead/Follow were shared. ​ Paul Henderson handed over the Chair position to Andrew Winyard, with David Hayward becoming Deputy Chair. ​ Future meeting dates for 2026 were confirmed, all scheduled as hybrid meetings in LMA Room 1. ​