Businesses are more concerned about political risks and violence than they have been for many years, according to the Allianz Risk Barometer. In the global list of business concerns, it has risen to eighth position, its highest ranking since 2017, when the business world was still adjusting to the uncertainty created by the Brexit vote in the UK and the election of Donald Trump in the US.

Political violence activity can impact businesses in many ways. In addition to endangering the safety of employees and customers, those in the immediate vicinity of unrest can suffer business interruption losses and material damage to property or assets, while indirect damage can be inflicted on companies in the form of ‘loss of attraction’ or ‘denial of access’ to their premises.

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