risk management

risk management

Aon: 2014 Underrated Threats Report

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Aon launches follow-up to biannual Global Risk Management Survey, examining industry's perception of underrated threats. Stephen Cross, chairman of Aon Global Risk Consulting, discusses the new research, which shows that events in many countries around the world have raised concerns about the ranking of key risks on the top 50 list. Most notably, 83 percent of respondents agree that computer crimes, such as hacking, were ranked far too low at 18 in the 2013 survey. Similarly, more than half of the research respondents stated that a ranking of 46 was also too low for terrorism risk, given the pending expiration of the Terrorism Risk Insurance Act.