Risk management professionals have experienced substantial pay increases, according to the RIMS 2025 Compensation Survey. Salaries for risk professionals rose 11% in the US and 15% in Canada since the last survey in 2023. Chief risk officers and vice-presidents of risk management saw the largest gains.

Ports and terminals worldwide are being urged to prepare for power outages, as blackouts pose a growing risk to global supply chains. TT Club, the global freight and logistics mutual insurer, has warned that ageing energy grids and growing reliance on electrically powered and digital systems are increasing commercial, safety and insurance risks.

Remote and hybrid working is leading to a rethink in crisis leadership, as traditional models struggle to address the risks of managing incidents across distributed teams. With 63% of staff in the UK now working remotely or in hybrid roles, crisis teams are increasingly required to manage incidents from home settings, often with limited visibility of staff well-being and fragmented communication.

The Financial Conduct Authority has launched a review into how advanced artificial intelligence could affect consumers, retail financial markets and financial regulation in the years ahead. AI is already deeply embedded across financial services. However, rapid advances in generative, agentic and emerging forms of AI mean the next phase of development could be transformational.

The global credit and political risk insurance market delivered another strong year of growth and performance in 2025, according to Howden Re’s credit and political risk insurance team, which said disciplined underwriting and resilient demand continued to distinguish the sector from broader commercial lines.

Beazley has rejected Zurich Insurance Group’s cash takeover proposal, saying it materially undervalues the specialty insurer and its long-term prospects as an independent listed company. Following Zurich’s public approach, Beazley’s board unanimously dismissed this week’s offer, noting it was lower than the previous bid.