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Research and Briefings

From Threats To Impact: Evolving Risk Concerns in Asia-Pacific Volume 3


In recent years, there has been an increase across the globe in the scale, diversity and impact of risk events. From cyber-attacks to major hurricanes and floods, and from the US-China trade war to unexpected developments around relations with North Korea, recent norms have been turned upside down and uncertainty reigns.

The Asia-Pacific region has been at the center of many of these developments and businesses operating in the region need to adapt accordingly.

Not only has the region become the global economic growth engine and is expected to remain so in the coming years, it is also fast becoming a center of innovation and home to many new technological advancements. With the ascent of China, as well as India and ASEAN as regional powers, the geopolitical importance of Asia-Pacific continues to increase.

There are underlying uncertainties however which have put increasing pressure on systems, businesses, and institutions to be more agile in how they react to disruptions. Efforts to shore up an organization’s resilience to emerging risks, in turn, must begin with a clear vision of the risk landscape and how it is evolving.

Leveraging the World Economic Forum’s annual Global Risks Report, this year’s edition of the Evolving Risk Concerns in Asia-Pacific series continues to build on previous iterations by providing insights regarding the risk landscape for businesses operating in Asia-Pacific, and exploring several options to mitigate such risks going forward.

Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.