Operational
Testing frontier AI models in government cyber defence raises operational reliability concerns.
medium
Other
Conduct
Direct AI-mediated insurance sales via ChatGPT may bypass consumer protections and advisor oversight
medium
Operational
Risk of self-improving AI models spiraling beyond human control due to racing dynamics.
high
Systemic
AI and cyber risks testing insurability boundaries across industry
medium
Model risk
Advanced AI poses existential risk without enhanced safety measures.
high
Data privacy & security
Ambient conversation transcription and summarization by AI raises consent and privacy concerns
medium
Systemic
Cyber premiums falling while AI attacks accelerate; silent cyber exposure unpriced in P&C books
high
Data privacy & security
OpenAI unauthorized access to external systems raises broader security and containment concerns
medium
Model risk
73% of respondents aware AI can provide inaccurate investment information; no oversight of general-purpose chatbots
medium
FCA
Conduct
Young investors trust AI investment tools but misunderstand regulatory protections and liability gaps
medium
FCA
Systemic
Existential risk from uncontrolled AI development cited by leading AI researcher.
high
Systemic
Concerns over AI-directed cyberattacks and frontier model capabilities posing cross-border risks.
high
Other