Nine out of ten companies have suffered a political risk loss in the past year, transforming Political Risk from a low frequency, high severity peril into “everyone’s risk,” according to How are global businesses managing today’s political risks a new report by WTW, a leading global advisory, broking, and solutions company.
The 6th annual political risk survey produced by WTW, found that a 92 per cent of all responding companies experienced a political risk loss in 2022, up from 35 per cent in 2020. Other findings include: