Description: With events in the Middle East taking centre stage from the initial air strike on Iran to the eventual US strike and now onto the uneasy ceasefire we have seen markets fluctuate before regaining some semblance of stability. The fears that the strait of Hormuz may be compromised, given that a quarter of global oil supplies flow through the narrow strait of Hormuz off the Iranian coast, did not materialize and therefore, did not lead lead to a significant disruption of supplies, enabled markets to retain that stability. This month’s cover story is from Daniel Sacks from LCP on an Actuary’s guide to business planning where he examines three key market considerations for actuaries. We also have Ester Calavia Garsaball from WTW looking at insured losses form severe convective storms (SCSs). We also have regular authors such as Alex White looks at FX hedging. And Helen Richardson from LexisNexis Risk on how customer data linking is being linked in the fight against fraud.