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Allianz Risk Barometer 2021: COVID-19 Trio Tops Africa, Global Business Risks

A trio of COVID-19 related risks heads up the 10th Allianz Risk Barometer 2021, reflecting potential disruption and loss scenarios companies are facing in the wake of the coronavirus pandemic. Business interruption (#1 with 41% responses) and Pandemic outbreak (#2 with 40%) are this year’s top business risks with Cyber incidents (#3 with 40%) ranking a close third. The annual survey on global business risks from Allianz Global Corporate & Specialty (AGCS) incorporates the views of 2,769 experts in 92 countries and territories, including CEOs, risk managers, brokers and insurance experts. “The Allianz Risk Barometer 2021 is clearly dominated by the Covid-19 trio of risks. Business interruption, pandemic and cyber are strongly interlinked, demonstrating the growing vulnerabilities of our highly globalized and connected world,” says Joachim Müller, CEO of AGCS. “The coronavirus pandemic is a reminder that risk management and business continuity management need to further evol

The 10 biggest risks for business in South Africa in 2021

The 10 biggest risks for business in South Africa in 2021 Subscribe The latest Allianz Risk Barometer for 2021 shows that, while South African businesses are concerned about interruptions brought about by the Covid-19 pandemic, cyber incidents and security issues remain the biggest risk to their operations. The barometer, published by Allianz Global Corporate & Specialty (AGCS), is based on a global survey that incorporates the views of 2,769 experts in 92 countries and territories. The experts include CEOs, risk managers, brokers and insurance experts. There were 207 respondents from South Africa. AGCS CEO Joachim Müller said business interruptions, pandemic outbreaks and cyber incidents are interlinked vulnerabilities of a globalised and connected world.

Allianz Risk Barometer 2021: organizations looking to de-risk supply chains and boost business continuity management

Published: Thursday, 21 January 2021 10:59 A trio of COVID-19 related risks heads up the recently published 2021 Allianz Risk Barometer, reflecting the potential disruption and loss scenarios that companies are facing in the wake of the pandemic. Business interruption (#1 with 41 percent responses) and pandemic outbreak (#2 with 40 percent) are this year’s top business risks with cyber incidents (#3 with 40 percent) ranking a close third. The annual survey on global business risks from Allianz Global Corporate & Specialty (AGCS) incorporates the views of 2,769 experts in 92 countries and territories, including CEOs, risk managers, brokers and insurance experts. “The Allianz Risk Barometer 2021 is clearly dominated by the COVID-19 trio of risks. Business interruption, pandemic, and cyber are strongly interlinked, demonstrating the growing vulnerabilities of our highly globalized and connected world,” says Joachim Müller, CEO of AGCS. “The coronavirus pan

What are the risks facing SA and the world?

Jan 19, 2021 A trio of Covid-19 related risks heads up the 10th Allianz Risk Barometer 2021, reflecting potential disruption and loss scenarios companies are facing in the wake of the coronavirus pandemic. Business interruption (number one, with 41% responses) and pandemic outbreak (second with 40%) are this year’s top business risks, with cyber incidents (with 40%) ranking a close third. The annual survey on global business risks from Allianz Global Corporate & Specialty (AGCS) incorporates the views of 2 769 experts in 92 countries and territories, including CEOs, risk managers, brokers and insurance experts. “The Allianz Risk Barometer 2021 is clearly dominated by the Covid-19 trio of risks. Business interruption, pandemic and cyber are strongly interlinked, demonstrating the growing vulnerabilities of our highly globalized and connected world,” says Joachim Müller, CEO of AGCS.

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