Covid, Cyber, Compliance and ESG Top Risk Concerns for Financial Services Sector: Allianz

Covid, Cyber, Compliance and ESG Top Risk Concerns for Financial Services Sector: Allianz

New AGCS report identifies key risks and loss trends for the financial services sector. Covid-19 may drive market corrections and insolvencies – which could impact financial institutions’ balance sheets, increase exposures for directors and result in litigation. AGCS analysis of $1bn of insurance industry claims show cyber incidents, including crime, is the top cause of

Covid, Cyber, Compliance and ESG Top Risk Concerns for Financial Services Sector: Allianz

Covid, Cyber, Compliance and ESG Top Risk Concerns for Financial Services Sector: Allianz

New AGCS report identifies key risks and loss trends for the financial services sector. Covid-19 may drive market corrections and insolvencies – which could impact financial institutions’ balance sheets, increase exposures for directors and result in litigation. AGCS analysis of $1bn of insurance industry claims show cyber incidents, including crime, is the top cause of