Gallagher’s latest “Five Years of Business Risk Evolution” report shows that since the outbreak of the COVID-19 pandemic, the risk tolerance and resilience strategies of global enterprises have undergone significant changes. The report’s survey of 1,200 senior executives found that nearly two-thirds of enterprises believe that the current operating environment is riskier, prompting them to shift to more resilient and flexible strategies. 78% of the companies have adjusted their revenue models or expanded into new markets, while strengthening supply chain diversification and contingency plans. In addition, the acceleration of digitalization also brings new risks. 22% of the respondents listed cybersecurity and artificial intelligence as major threats.
Extreme weather events and labor force issues are becoming the focus of enterprises’ attention. Gallagher pointed out that non-modeled climate risks in North America, such as hail and wildfires, have exacerbated losses, driving the insurance market to adjust. Meanwhile, talent shortages, employee health and engagement are increasingly regarded as enterprise-level risks. Surveys show that since 2020, nearly 20% of companies have added risk management positions, 76% have retained these positions, and 44% of enterprises have expanded insurance coverage to address new challenges.
Aon’s “Customer Trends 2025” report highlights that four major trends – global trade, technological transformation, climate fluctuations, and employee changes – are reshaping the corporate risk landscape. Greg Case, the CEO of Aon, pointed out that these trends are interrelated and require enterprises to integrate data, analytics and expertise to address complex challenges. The survey also found that 81% of business leaders are more willing to take risks than they were five years ago, thanks to more sophisticated risk planning tools and data support.
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