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The coronavirus has upended lives and businesses around the globe. From business interruption and supply chain disruption to event and travel cancellations, we are only just seeing the beginning stages of COVID-19's impact. These articles provide valuable insights on insurance coverage, preparation tips and more to help individuals and businesses reduce exposures as the virus spreads.

Research

Global recession, high unemployment among top risk concerns, report finds

The economic fallout of the COVID-19 pandemic is the top concern of risk managers and corporations in the next 18 months.

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Global emerging markets. Researchers warn in the report that longer-term risks will have serious and far-reaching implications for societies, the environment and governance. (Photo: Shutterstock)

Due to the implications of COVID-19, risk professionals anticipate prolonged economic distress to be the greatest threat to businesses globally over the next 18 months.

“Prolonged global recession,” “high unemployment,” “another outbreak of infectious disease,” and protectionism are among the top risk concerns for companies globally, according to a new report by the World Economic Forum.

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Danielle Ling

Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As associate editor, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. A University of Maryland and Philip Merrill College of Journalism alum, Danielle previously served as a video journalist for Verizon FiOS 1 News NJ, Push Pause. Connect with Danielle on LinkedIn or email her at [email protected].

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