Is the world getting riskier? Consumers and businesses disagree

Here is a look at the six major areas of concern in the 2016 version the Travelers Risk Index.

By Rosalie Donlon | October 03, 2016 at 07:00 AM

The New York City-based insurer Travelers Cos. Inc., recently announced the results of its "Risk Index," an annual survey that examines what keeps most U.S. business leaders and consumers up at night.

Both groups share concerns about cyber threats, the demands of a changing workforce, and severe weather, although results are mixed when asked whether the world is becoming a riskier place.

What consumers said

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
Educational webcasts, resources from industry leaders, and informative newsletters.
Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account? Sign In

NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

SHARE ON FACEBOOK
SHARE ON TWITTER

Rosalie Donlon

Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].

More from this author ⟶

Dig Deeper

Commercial Lines
Corporate Risk
Cybersecurity
E&S/Specialty
Loss Control
Personal Lines
Weather Risk

Trending Stories

1 Five-star workplaces for new insurance pros

2 Real-life claims scenarios renters insurance covers

3 Allstate will insure California homes again, under one condition

4 Reinventing GL and BOP Programs: How Proper Risk Classification Can Boost Your Bottom Line

5 States with the least safe young drivers

Events

Consulting
Consulting Leaders in Technology 2024
May 16, 2024 - Dallas

Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
More Information
Consulting
Consulting Top Consultants 2024
June 27, 2024 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information
Real Estate
GlobeSt. Women of Influence (WOI) 2024
July 22, 2024 - Lake Tahoe

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information

Recommended Stories

Deepfake AI can hoodwink savvy business leaders and employees

By Ashley Hattle-Cleminshaw | May 06, 2024

AI has given threat actors a leg up in deepfake technology, costing one company $26.5 million.

Protecting CISOs from expanding personal liability risk

By Aravind Swaminathan, Joseph C. Santiesteban, Bradley A. Marcus and Benjamin Hutten | May 06, 2024

CISOs confront significant personal civil and criminal liability in connection with their handling of breaches and associated disclosures.

10 largest medical professional liability carriers

By Steve Hallo | May 06, 2024

Consolidation in the health care industry is among the challenges facing the medical professional liability sector.

Resource Center

eBook

Sponsored by OneShield

Commercial Property Preparedness: Bracing for Changing Risks

Commercial insurers have faced many challenges in 2023 due to a record number of billion-dollar weather events, inflation and a tightening reinsurance market. The increasing focus on individual risk levels in the reinsurance market requires insurers to embrace new technology, data, and tools to improve loss ratios and customer satisfaction. This eBook explores solutions to navigate these challenges and enhance risk management capabilities.

Browse More Resources ›

White Paper

Sponsored by Origami Risk

7 Proven Strategies for Implementing a Workers' Comp Cloud Platform

Explore common pitfalls in core insurance transformations and how to avoid them. Discover comprehensive strategies and best practices to successfully plan and execute a cloud implementation in this comprehensive white paper.

Browse More Resources ›

Guide

Sponsored by gryphon.ai

The Ultimate Guide to SMS/Text Messaging Compliance

This guide empowers insurance carriers and risk managers to navigate complex regulations, safeguarding their brands from costly SMS and text messaging penalties.

Browse More Resources ›

PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Join PropertyCasualty360

Already have an account? Sign In Now

Debug Screen: mobile

{ "message": "Show a wall", "action": "show wall", "data": "WelcomeWall", "placResultsPublic": { "overallContentType": "FreeWithRegContent", "userState": "DENYFREEWREGNOTLOGGEDIN", "showWall": "WelcomeWall", "userAccess": "0", "referrer": "", "userAccessCookie": null, "productList": "", "contentMetaData": "<?xml version='1.0' encoding='UTF-8'?><ARTICLE><TYPE>ARTICLE</TYPE><ID>/2016/10/03/is-the-world-getting-riskier-consumers-and-businesses-disagree/</ID><SOURCE>Property Casualty 360</SOURCE><PUBLICATION-DATE>2016-10-03</PUBLICATION-DATE><PUBLICATION-NAMES><PUBLICATION-NAME>Property Casualty 360</PUBLICATION-NAME></PUBLICATION-NAMES><PRACTICE-AREAS /><CHANNELSECTIONS><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Agent & Broker</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL>Agent & Broker</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Agent & Broker</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Commercial Lines</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Commercial Lines</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Commercial Lines</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Commercial Lines</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Corporate Risk</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Cybersecurity</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Cybersecurity</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>E&S/Specialty</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL>Kicker</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Loss Control</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL>Markets</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>News</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Personal Lines</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Personal Lines</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL>Risk Management</CHANNEL></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Sales & Marketing</SECTION></CHANNELSECTION><CHANNELSECTION><CHANNEL></CHANNEL><SECTION>Weather Risk</SECTION></CHANNELSECTION></CHANNELSECTIONS><REFERRER></REFERRER></ARTICLE>", "decisionEngine": "RidgeRunner", "rulesFiredString": "[]", "contentProductCodes": "[\"regonlypubcontent\"]" } }