Digital technologies such as AI can help to accelerate the shift towards a circular economy, businesses were told at the launch of a new UKRI-funded initiative to support the growth of sustainable business models.

Businesses have been warned to be vigilant to an increased risk of cyber attacks after the UK and international allies exposed Russia’s military intelligence service for a campaign of malicious cyber activity against western logistics entities and technology companies.

DUAL’s climate risk and resilience team has launched two new products aimed at providing insurance to help owners and investors protect the value of their assets and unlock finance during the transition to a sustainable economy.

The European agriculture sector loses an average of €28bn annually due to adverse weather, with losses projected to exceed €40bn per year by 2050, according to a report by the European Investment Bank and the European Commission.

Digital risk processing platform Cytora has partnered with wildfire climate data provider Aisix Solutions to incorporate wildfire data into the Cytora platform.

Aon has extended its collaboration with risk data, analytics and technology firm, Moody’s Insurance Solutions, that aims to reduce latency and accumulation risk for casualty reinsurers.