GLOBAL EVENTS HAVE ‘SIGNIFICANTLY ALTERED’ BUSINESS RESILIENCE SINCE BEGINNING OF YEAR

Source: Insurance Times - June 2022.

"Business strategies are now at a ‘point of inflection’, says head of political risks

Events such as the war in Ukraine and growing inflation have “significantly altered” business leaders’ perceptions of risks, with corresponding risk resilience falling dramatically since 2021.

This is according to insurer Beazley’s latest Risk and Resilience 2021 research, published today (13 June 2022). This showed that the proportion of surveyed UK and US business leaders ranking war and terror as their biggest risk was up by 46% compared to last year’s survey.”

Read the full Insurance Times article here.