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LMA Legal Committee

  • Members considered the growing legal and liability risks associated with PFAS substances, including emerging litigation trends, coverage issues and the increasing use of PFAS exclusions in certain classes of business.
  • Members identified a number of strategic priorities for future discussion, including AI governance, litigation funding, US bad faith litigation, ESG and sustainability developments, and other emerging legal risks.
  • The Committee reviewed proposed refinements to the Belgian auxiliaries clause following feedback on its scope and application.
  • Members also discussed examples of complex governing law and jurisdiction issues arising in international placements, including challenges created by differing legal systems and policy wording interpretation.