Geopolitical risk rise as economic volatility hits APAC

terrorism

Financial market crashes, interstate conflict and cyber-crime now threaten almost half (46%) of APAC cities’ economic output (GDP@Risk), according to the Lloyd’s.

While natural catastrophes remain Asia Pacific’s (APAC) largest source of risk, man-made threats such as those listed above are seriously threatening businesses across the region, according to the latest edition of Lloyd’s City Risk Index (CRI), and measures GDP@Risk from 22 separate threats in 279 cities across the world.

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