Extreme heat is placing increasing pressure on Switzerland, which is warming at more than twice the global average rate, according to analysis from Swiss Re Institute. Switzerland now experiences around 10 to 15 days each year with temperatures of 30°C or above.

Shipping assets worth £92bn remain stranded in the Persian Gulf following disruption to traffic through the Strait of Hormuz, according to Allianz. It says the Middle East conflict and subsequent closure of the strategic waterway highlight a "new maritime order". The insurer estimates that around 1,150 cargo vessels are awaiting the resumption of normal operations.

Accelerated compliance certification is undermining confidence among UK cyber security professionals, with 87% of senior managers saying the speed at which certification is achieved affects its credibility, according to research from business resilience specialists at IO.

The deadline for entries for the 2026 Risk Management Awards has been extended. Celebrating the very best in risk management, the awards are free to enter, with numerous opportunities for entrants to showcase their best people, products and projects. The Risk Management Awards represent the pinnacle of achievement in risk management.

Two powerful earthquakes that struck northwestern Venezuela on 24 June have left at least 589 people dead and nearly 3,000 injured, with widespread damage to homes, buildings and critical infrastructure. Rescue teams continue to search for survivors as authorities assess the full scale of the disaster. Economic losses are expected to reach into the billions.

Insurance is providing significant financial protection against cyber incidents, covering more than 95% of average data breach losses and 90% of average first-party losses, according to a study from Willis. The study analysed 5,500 cyber claims across 95 countries between 2013 and 2026, representing the equivalent of around £740m in insurer payouts.