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Terrorism and Political Violence Risk

Posted By IRMSAInsight, 17 November 2015

17 November 2015 
 

  

Terrorism and Political Violence Risk – How ready are you?

 

Terrorism and political violence risks are moving to the top of many global organisations’ agendas. An attack on or near your premises could result in business interruption, property damage, human casualties, legal liability issues and long term damage to brand and reputation.

 

High profile crises traversed a range of insurable political violence risks in 2014. Studies have suggested that 2015 will see similar instability with heighten terrorism and civil unrest risks in many regions, including among the developed economies. The recent Paris terror attacks are an indication of this growing global risk. 

 

Something to think about: How terrorism does affect Markets and Economy

 

 

Ask Yourself the following questions:

 

  • In today’s litigious society, has your business assessed the impact of these terrorism and political violence risks?
  • How do you protect your employees and what kind of systems do you have in place to continually assess the threat?
  • What mitigation strategies have you employed?
  • Does your organisation understand its human and commercial exposures?
  • Have you modelled the business impact on your business?

 

Read More:

Terrorism- Political- Violence - Risk Map

Paris- Terror-the Potential-aftermath for Markets



 

 


 

 

 

 

 

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