Allianz Risk Barometer 2020: Business interruption and natural catastrophes remain top risks amongst China companies, Business News

• 9^th
  annual survey on top business risks attracts record participation
  of 2,700+ experts from over 100 countries, including China
• Business interruption ranks #1 for third consecutive year and
  remains a key challenge with digitalization and civil unrest
  creating new causes of disruption and loss of income
• Natural catastrophes remains at #2 despite economic losses arising
  from nat cats declining by 20% globally
• Cyber incidents and market developments are tied at the third spot
  while climate change debuts in the top 10 at #5

SHANGHAI, CHINA – Media OutReach
 – January 21, 2020 – For the third consecutive year, Business Interruption
(30% of responses) ranks as the most important business risk for
Chinese companies in the ninth Allianz Risk Barometer 2020
. Natural catastrophes
remains at (#2 with 26% of responses) while rounding up the top three is Cyber incidents
and Market developments
tied at the third spot (24% of responses.) The annual survey on
global business risks from Allianz Global Corporate & Specialty
(AGCS) incorporates the views of a record 2,718 experts in over 100
countries including CEOs, risk managers, brokers and insurance
experts.

Business…