The Personal Accident Business Panel met on 28th of April 2026 and approved the March minutes. The main focus was analysis from the Insights Hub Data Working Group, which reviewed multiple risk codes and identified trends in loss ratios, premium volumes, acquisition costs, and development patterns. Results showed volatility in some segments, evidence of improving performance post‑COVID in certain classes, and ongoing concerns around long claims tails and late development. Declines in gross written premium and rising acquisition costs were also noted in specific areas.
Discussions continued on master and group policies, where the lack of consistent definitions and reporting practices remained a challenge. Members agreed to contribute templates and examples to support development of a standardised approach.
The panel progressed plans for a war-related loss scenario exercise and received updates on the US Accident form review. Additional discussions covered claims notification, reserving challenges, and risk code guidance, with several actions agreed.