Top 10 Corporate Risks in 2014
Business interruption (BI) and supply chain, natural catastrophes and fire/explosion top the list of company risks in 2014, according to the 3rd Annual Allianz Risk Barometer, which surveyed over 400 corporate insurance experts from 33 countries.
The survey highlights the increasing complexity of business risks, including a combination of new technological, economic and regulatory related risks, potentially creating a systemic threat for businesses and suggests that companies can respond to these growing challenges through stronger internal controls, combined with a holistic approach to risk management.