El Niño is firmly established and will intensify into a very strong event in the coming months, with big impacts on rainfall and temperature patterns and associated risks of floods, drought and extreme heat, according to a new update from the World Meteorological Organisation.

Cyber insurer Coalition has launched Active Cyber Insurance for Enterprises in the UK, a solution designed to meet the complex cyber risk needs of large organisations.

The rapid expansion of datacentres, AI and quantum computing will place increasing pressure on already vulnerable global critical mineral supply chains, according to new government-backed research.

The governor of the Bank of England, Andrew Bailey, has warned G20 finance ministers that AI has the potential to trigger a global economic downturn and poses a significant cyber security risk to financial markets. He said that organisations should prepare for security breaches involving simultaneous disruption across multiple firms.

PERILS, the Zurich-based catastrophe insurance data provider, has estimated that the insurance market loss for the severe convective storms which affected large parts of Europe in July could be €2,186m (£1,873m).

European product recalls remained at elevated levels in the first half of 2026, with 7,115 events recorded across the region, according to Sedgwick’s latest European Product Safety and Recall Index. Although the total was 7.9% lower than the 7,729 recalls recorded in H1 2025, it was still the second-highest half-year figure on record and the third consecutive H1 in which recalls exceeded 7,000.