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The Committee on Climate Change (CCC) has urged the UK government to act now to reduce carbon emissions and tackle climate change.

Life insurers have reported their first increase in profits since September 2014 and confidence for firms continues to rise, said PwC.

Liability driven investment (LDI) continues to “grow significantly” in the UK with hedged liabilities increasing by 29% to £657bn last year, according to a report by KPMG.

Lifestyle pension funds have lost 9% of their value in four months and things “could get worse”.

Liberty Insurance plans to cut 270 jobs in the next 18 months against a background of losses.

The number of people taking out cycle insurance has seen a jump of 75% between 2009 and 2014 as a result of the “soaring popularity of cycling”, according to Aviva.

Some 38% of businesses have experienced a disruptive loss relating to a data breach in the past 24 months, costing them on average $1.1 million, according to a report by Aon Risk Solutions.

A UK referendum vote in favour of leaving the EU could pose a risk to growth prospects for the UK economy and its financial services sector, according to a report by Standard & Poor's (S&P).

Growth in the post recession world must be sustainable and balanced between economic, environmental and social objectives, an event was told.