Cyber Risks Are Pressing Concern of Risk Managers, Environmental Risks Are Long-Term Worry: Survey

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Expanding beyond Europe, the 2024 Global Risk Manager Survey from FERMA reveals key risks, challenges, and demographic shifts in risk management.

global risks

Cyberattacks, geopolitical uncertainties, and climate change adaptation are among the top concerns for risk managers, according to the 2024 Global Risk Manager Survey by the Federation of European Risk Management Associations (FERMA) and PwC.

The survey also points to significant trends impacting the insurance market, including increased premiums and a reduction in natural catastrophe coverage, as well as a gradual shift in the demographics and organizational structure of risk management.

Conducted biennially since 2001-2002, this year’s survey for the first time expands beyond Europe to include responses from risk managers worldwide, providing a truly comprehensive picture of the perspectives and priorities of risk managers on a global scale.

“Risk managers recognize the increasing influence of economic shifts, geopolitical uncertainty, regulatory developments, and the changing risk environment on insurance market dynamics,” said…

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