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Rising geopolitical tensions named the most urgent risk in 2019, report says

Following intensifying political tensions, effects of climate change are the second biggest risk.

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“With operations in 54 countries and territories, Chubb values solutions that are global, scalable and able to support both our traditional business lines as well as digital initiatives,” said Monique Shivanandan, Chief Information Officer at Chubb. “Chubb utilizes Duck Creek solutions to support several businesses, including offerings for the small commercial marketplace in North America and claims-related technology in the company’s international travel and accident and health insurance businesses. With this agreement, we will extend the platform’s capabilities to our other business lines globally.”

Released last week, the 14th annual World Economic Forum Global Risks Report portrays a dark outlook on international economic and political relations. The report names these rising tensions as the most urgent risk in 2019 as 90% of experts say they expect further economic confrontation between major powers in 2019.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].

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