Allianz Risk Barometer 2025: Business interruption top business risk in Asia
Business interruption is the biggest worry for Asian companies in 2025, according to the Allianz Risk Barometer.
Cyber incidents such as data breaches or ransomware attacks, and IT disruptions, such as the CrowdStrike incident, are also a main concern for companies of all sizes, ranking No. 2. After another heavy year of Natural catastrophes activity in 2024 this peril remains No. 3.
The top three risks globally—Cyber incidents (No. 1), Business interruption (No. 2), and Natural catastrophes (No. 3)—retained their positions in this year’s Allianz Risk Barometer, which is based on the insights of more than 3,700 risk management professionals from over 100 countries.
Allianz Commercial Chief Underwriting Officer Vanessa Maxwell comments: “2024 was an extraordinary year in terms of risk management and the results of our annual Allianz Risk Barometer reflect the uncertainty many companies around the globe are facing right now. What stands out this year is the interconnectivity of the top risks. Climate change, emerging technology, regulation and geopolitical risks are increasingly intertwined, resulting in a complex network of cause and effect. Businesses need to adopt a holistic approach to risk management and consistently strive to enhance their resilience in order to address these fast-evolving risks.”
Christian Sandric, regional managing director of Allianz Commercial Asia, says, “Against this backdrop of an increasingly volatile risk landscape, businesses should ensure they are sufficiently protected and their response measures robust. This includes adopting measures such as loss prevention, developing multiple suppliers, alternative risk transfer, and multinational insurance policies.”
