Top Global Risks of 2020: Global Recession

The world economy has been experiencing a period of growth over the last few years. This growth was especially challenged in 2019 and seems unsustainable in 2020 as geopolitical disputes, changes in the international system, slowing levels of production, increasing global debt, and falling commodity prices impact economies around the world ...

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Top Global Risks of 2020: Data Insecurity

Data insecurity has become one of the most prominent concerns for individuals, companies, and states alike. As we progress through the digital age and develop ever more advanced capabilities, data breaches and their associated costs become increasingly frequent, complex, targeted, and jeopardizing ...

Top Global Risks of 2020: Authoritarian Leadership

The continued presence of authoritarian leaders is a trend that has persisted despite the efforts of more democratic countries to encourage the adoption of representative governance. Going into 2020, authoritarian leaders control some of the world’s most powerful and influential countries and continue to ...

The Volatility of Geopolitical Risk

Globalization has drawn geopolitical risk increasingly into the spotlight, connecting international politics with global markets. While political risk can refer to domestic policymaking, national corporate laws, and investment regulations, geopolitical risk largely affects markets and assets across borders ...

Assessing the Potential of Austria’s New Government Coalition

After Austria’s government collapsed in May 2019, Austrian chancellor and leader of the conservative party ÖVP Sebastian Kurz was voted back into office in a snap election only 4 months later. Having previously formed a coalition with the country’s far-right wing party FPÖ, Kurz is now teaming up with the green party to form a new government ...

Associated Risks of the Libyan Civil War

On January 8, 2020, Russia and Turkey released a joint statement advocating for a ceasefire in Libya, where conflict continues between the UN-backed Government of National Accord and the Libyan National Army. The following day, however, the leader of the LNA, Khalifa Haftar, rejected the ceasefire and ...

Insurance and Economic Costs of Australia’s Bushfires

Since November 2019, sweeping bushfires have been ravaging Australia’s coastlines in New South Wales, Victoria, Queensland, and Southern Australia. Relief from the catastrophic fires is likely not imminent, as summer temperatures in Australia peak in January and February, increasing the risk of heatwaves, droughts, and bushfires. News reports state that ...