Description: A belated Happy New Year to all our readers and welcome to our first edition of 2025. Following on from last month’s winner’s edition of the magazine our Actuary of the Year, Gareth Connolly visited sponsors PIC at their new offices in Ropemaker Street to officially receive his award from them. Our cover story this month is from Andrew Pollard from SAS on how AI is transforming actuarial models. In addition, Luca Russignan from Capgemini examines the influential trends that will shape P&C insurance in 2025. As you expect our regular authors give their insights into current events with among others Daniel Sacks from LCP examines the role of Cyber Catastrophe Bonds. Helen Richardson asks a topical question in her column Is your data AI ready. I trust you enjoy our first foray into 2025, and I look forward to welcoming you back next month.