The globalization of today’s economy means that businesses aremore interconnected than ever, creating a greater risk of businessinterruption, supply chain disruption, and exposures that canquickly multiply.
According to UNCTAD, over thelast 50 years the number of multinational companies has grownexponentially from 7,000 to almost 104,000, and could reach morethan 140,000 by 2020.
The Allianz Risk Barometer 2015 surveyed more than 500 riskmanagers and corporate insurance experts in 47 countries toidentify the primary challenges facing businesses this year. Somerisks such as political upheaval, cybercrime and businessinterruption were viewed as a greater risk, while naturalcatastrophes, technological innovation and market stagnation wereviewed as having less of an impact.
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