International risk managers see human capital risk, such as skills shortages, succession issues and key personnel loss, as the most significant threat facing their business operations, according to a new study.

The survey of 218 executives, conducted by the Economist Intelligence Unit, was sponsored by the ACE Group of Companies, IBM and KPMG.

The poll found risk managers view human capital risk as being more significant than threats from reputational risk, information technology risk, political risk and regulatory risk. Natural hazard was viewed as the least significant risk.

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