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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.” Climate change was named the second greatest risk by the World Economic Forum. (iStock)

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

Danielle Ling is an experienced video journalist and business reporter. As Associate Editor of NU Property & Casualty magazine and NU Propertycasualty360.com, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. Danielle heads PC360's video production, producing news packages, video interviews, and animated videos. A University of Maryland and Philip Merrill College of Journalism alum, prior to this role, Danielle served as a video journalist for Verizon FiOS 1 News NJ on the show "Push Pause." Connect with Danielle on LinkedIn or email her at dling@alm.com.

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