Advanced Technology Assurance has launched a new insurance facility to underwrite the global AI infrastructure build-out – a market expected to attract the equivalent of £5.2trn in investment by 2030.

Geoeconomic confrontation has emerged as the most pressing global risk, underlining a sharp rise in economic and geopolitical competition and a weakening of international cooperation. This is amongst the findings of the WEF's latest Global Risks Report, in which geoeconomic confrontation was identified as the risk most likely to trigger a global crisis in 2026.

Lloyd’s has appointed Jim Bichard as its next chief financial officer, with the former PwC insurance executive due to take up the role in April 2026.

Kier Starmer is expected to exclude financial services in a drive for closer EU alignment, after the City pushed back on suggestions this week of tighter ties to Brussels rules. The prime minister said this week the UK should consider closer alignment with the EU single market “if it is in our national interest", prompting lobbying from banks and insurers.

European organisations lag global benchmarks on AI-specific security controls, according to research published this week.

A specification designed to accelerate the global transition to clean energy and support emissions reduction efforts worldwide has been published by BSI.