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Lloyd’s Chief Executive Richard Ward assesses some of the most significant findings from the data.
Discover the changing face of risk.
High taxation and cyber risk have become key concerns for global business.
The Lloyd’s Risk Index 2013 is based on a global survey of over 500 C-suite and board level executives conducted by Ipsos MORI for Lloyd’s during April and May 2013.
High taxation is now seen as the number one threat to global business according to the third Lloyd’s Risk Index.
The survey of more than 500 of the world’s most senior business leaders also suggests executives are focusing on more pressing problems including cyber-attacks and increased material costs, rather than longer-term strategic decisions.
First published in 2009, this year’s Risk Index provides an in-depth picture of how global business leaders prioritise and prepare for major risks:
The Lloyd’s Risk Index 2013 is based on a global survey of 588 C-suite and board level executives conducted by Ipsos MORI for Lloyd’s during April and May 2013. The survey asked respondents about their attitudes to 50 risks across five categories:
Respondents were asked to rate both the overall risk category and a number of specific risks within each of the overall categories for both their corporate risk priorities and for the degree of their business preparedness to manage those risks. A score was calculated for each, with zero being the lowest level of priority or preparedness and ten being the highest.
77% of respondents represented smaller businesses with an annual turnover of US$499 million or less, and 23% were from larger companies with annual turnover of US$500 million or more. Survey respondents were distributed across Asia-Pacific (31%), Europe (28%), North America (26%), Latin America (10%) and South Africa (5%).
Lloyd's Risk Index
This report assesses corporate global risk priorities and attitudes for 2013.
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