Allianz Risk Barometer 2022: Cyber perils outrank Covid-19 and broken supply chains as top business risk globally and in Asia Pacific


Source: singaporenewslive.com singaporenewslive.com

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News Snapshot:

- 11th Allianz survey: Cyber, business interruption and natural disasters are the top three business risks globally in 2022. Cyber ranks top Asia Pacific risk for the third consecutive year - Pandemic outbreak drops from second to fourth position as majority of companies are less concerned and feel adequately prepared for future outbreaks - Natural catastrophes and Climate change rise significantly in the annual rankings as extreme weather events and transition risks mount - AGCS CEO Joachim Mueller: “‘Business interrupted’ will likely remain the key underlying risk theme for this year. Building resilience is becoming a competitive advantage for companies.”...