The July North American Casualty Reinsurance Panel focused on clause development, industry engagement and emerging liability trends. Members reviewed progress on a model clash clause intended to reduce disputes involving arbitration-related losses and improve clarity around concepts such as groups of insureds and related entities. Plans were advanced for closer engagement with NCCI and WCIRB, including educational visits and future briefings. Members also received details of the forthcoming Paradigm London programme, which will include networking events, technical presentations and meetings with carriers and brokers. Cyber discussions covered Lloyd’s work on a new affirmative cyber war risk code and broader concerns regarding AI-related exposures and governance issues. Claims discussions highlighted unusual excess payment cases, the importance of robust documentation and increasing focus on transactional liability risks due to aggregation concerns. Non-marine committee updates addressed digital assets, cryptocurrency exposures, ultra-processed foods litigation, Australian securities class actions and rising UK defence costs. The meeting concluded with discussion of Lloyd’s growing focus on forecasting and class planning and updates regarding terrorism insurance programme changes.