Nearly one in three UK insurance customers are comfortable with insurers using AI to determine policy pricing, although many still want human oversight, transparency and stronger regulation. So says research from Guidewire, which suggests that 30% of UK consumers would be happy for insurers to use AI tools when making insurance pricing decisions.

Members of the International Underwriting Association are taking part in a live stress test exercise designed to assess the resilience of the London insurance market under extreme crisis scenarios. The Dynamic General Insurance Stress Test, run by the Prudential Regulation Authority, examines how insurers respond to fast-moving events, with a focus on balance sheet impacts and decision-making processes.

Howden Re’s 2026 Pre-Season Hurricane Outlook has forecast a quieter-than-average Atlantic hurricane season following several years of elevated activity. Early forecasts from major meteorological agencies and research groups predict lower storm counts and reduced accumulated cyclone energy, largely due to the expected development of El Niño conditions during the peak of the season.

Addresscloud has launched a pan-European wildfire risk model developed by Skyblu. The launch follows an increase in wildfire activity across the continent, with more than double the area burned in recent years compared with the early 2000s, increasing pressure on insurers to improve risk assessment and pricing.

After hitting a record high of 4,134 events in Q4 2025, the number of European product recalls fell to 3,413 events in the first quarter of this year, according to figures from Sedgwick. The 17.4% decrease marks the most significant quarterly decline since Q2 2020, though recall activity remains high against historical norms.

The booming semiconductor market faces tight supply levels for the foreseeable future as demand from AI, satellites and robotic technology could see demand outstrip supply, according to Christophe Fouquet, CEO of European chip-making machine firm ASML.