The Legal Committee reviewed its programme of work for the year ahead, reflecting on key legal, regulatory and market initiatives undertaken during 2025 and identifying priorities for 2026.
Members discussed plans for market education and outreach, including a proposed session on governing law, jurisdiction and service of suit provisions.
The Committee received a presentation on Lead and Follow in the Lloyd’s and London Market: Beyond the Binary, examining leadership models and underwriting behaviours in the London market.
Members considered the implications of recent reforms to the Belgian Civil Code and discussed potential contractual responses to the expanded scope of extra-contractual liability for auxiliaries.
The Committee reviewed preliminary legal analysis on the enforceability of automatic termination clauses across a range of international jurisdictions.
Members also discussed market practice developments relating to lead and follow underwriters and digital trading platforms.