1、How are leading companies managing todays political risks?2024|Survey and R2|32024|Survey and Report 2024 WTWExecutive summary.4At a glance 7The acceptance phase of political risk loss 4About the research.8Risks and regions of concern 10New geopolitical trends.10The gray zone goes mainstream 12The c
2、osts of war 16Patterns of political risk loss.16Countries of loss 18New capabilities and approaches 20Managing political risk.20What next?.23Risk 1:Ukraine complications and escalations 25Risk 2:Year of elections 25Risk 3:US-China rivalry 26Risk 4:Uncertain climate policy 27Risk 5:Mismanaging China
3、risk 27Risk 6:Middle East escalation 28Risk 7:The next big conflict 29Risk 8:Home-market growth slowdown 29Risk 9:Institutional decay 30Risk 10:Gray zone action 30Below the radar 31Conclusion.32End notes 33010203040506070Table of contents4|The acceptance phase of political risk lossAs the 2020s dawn
4、ed,there was perhaps a tendency towards denial.In our 2020 survey,only 30 percent of respondents said they were concerned about political violence risks.Three years later,as the conflict in Ukraine escalated dramatically,50 percent reported experiencing an actual loss from that peril.Similarly,in 20
5、22,respondents said they were more concerned about political risk in Asia than in Europe,even though the survey was conducted as Russian troops massed on the Ukrainian border.In 2023 and this year,somewhat belatedly,concerns about political risk in Europe topped the charts.If we may be permitted to
6、read a story into the trends in our survey numbers over the past seven years,between 2022 and 2023 many of our respondents shifted from denial into shock.According to our survey,political risk losses of all kinds soared in 2023(not just political violence see the graph on the next page).The impact o
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