This session will involve a presentation providing a research based broad outline and assessment of the current major risks that risk managers need to navigate and the key challenges the industry and risk professionals face, drawing on comparative data to identify how the main risks have changed in recent years and a forecast for how the risk landscape might look in the future. The session will also include a panel discussion involving senior insurance professionals informing risk and insurance managers about what they can expect in 2025/2026 in terms of pricing and capacity for the key lines, and what can be expected from the market during the 1 January 2026 renewals and beyond. The discussion will look at the potential impact on pricing resulting from significant worldwide tariff movement, where there may be a squeeze on capacity in the key lines and what advancements have been made in new alternative insurance solutions.