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Today’s risks are hard to get ready for

With a survey ranking economic slowdown as the most pressing risk for corporate risk managers, risk advisory and reinsurance firm Aon concludes that organizational risk readiness is at its lowest for a dozen years.

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Aon’s 2019 Global Risk Management Survey is reported in detail by the Global Treasurer news site.

Second to risks of economic slowing, in the light of global trade challenges, is the worry of damage to the reputation or brands of the organization.

Poorest in twelve years

All in all, Aon argues that the risk managers of the survey are reporting their lowest risk readiness for twelve years. This is explained by several top risks being uninsurable.

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To protect their organizations from volatility, Aon argues that risk managers need to look increasingly to risk management as different from risk transfer.

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