BI tops Allianz global risk survey for third year

Business interruption (BI) and supply chain risk have been named as
the top peril facing businesses for the third year in a row,
according to research from Allianz Global Corporate & Specialty
(AGCS).
In its fourth Risk Barometer report, AGCS found that almost half
(46 percent) of respondents rated this risk above all of the
others, up 3 percentage points year-on-year.
The average BI claim is currently $1.36mn, 32 percent higher
than the average direct property damage claim ($1.03mn), the...