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posted on May 15, 2007
Report: Emerging Risks Impeding Business Development; Leaders Lack Understanding of Real Risks
Increased concerns at board level regarding terrorism and political violence risk is causing businesses to avoid investing in politically sensitive areas or locating offices in large cities, according to Lloyd's.
A new report, 'Under Attack: Global business and the threat of political violence', issued May 8 by Lloyd's reveals that more than a third of companies avoid investing in overseas markets for fear of political violence, while 20 percent have foregone promising business opportunities for the same reason. However, there appears to be a significant gap between risk awareness and an actual understanding of the key threats.
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