The gods of risk management definitely are not with the Association of Insurance and Risk Managers (Airmic).

First, the association had to postpone last year's annual lecture due to flooding. Now its biggest event of the year was hit by a power cut.

The Airmic conference was closed for an hour last Tuesday after the International Convention Centre in Birmingham was subject to a huge power failure.

The conference centre's back-up power also failed and delegates were herded into the foyer for the duration. No way of risk-managing your way out of that one, guys.