Top Risks for 2015

Insurance Business online reports that the following are considered the biggest risks for 2015 according to a survey.

Top Australian Risks 2015

  1. Business interruption and supply chain – 47%
  2. Loss of reputation or brand value – 35%
  3. Intensified competition – 35%
  4. Talent shortages/aging workforce – 24%
  5. Natural catastrophes – 24%
  6. Market stagnation or decline – 18%
  7. Market fluctuations – 18%
  8. Commodity price increases – 18%
  9. Changes in legislation/regulation – 12%
  10. Credit availability – 12%

Top global risks 2015

  1. Business Interruption and supply chain – 46%
  2. Natural catastrophes – 30%
  3. Fire/Explosion – 27%
  4. Legislative/regulatory changes – 18%
  5. Cyber crime, IT failures, data breaches and espionage – 17%
  6. Loss of reputation/brand value – 16%
  7. Market stagnation/decline – 15%
  8. Intesifeid competition – 13%
  9. Political/social upheaval or war – 11%
  10. Theft, fraud and corruption – 9%