Allianz Global Corporate & SpecialtyCompany DetailsContacthttps://www.agcs.allianz.com/Articles & NewsRisk/ComplianceU.S.-German Partnership Faces Loss of Trust but High ExpectationsDeclining optimism since 2022 may reflect a sense of disappointment rather than entrenched pessimism, as expectations in the partnership remain very high.Risk/ComplianceCyber Threats Top Economic RiskCyber incidents such as IT outages, ransomware attacks or data breaches, rank as the most important risk globally for the second year in succession.Ocean Ports & CarriersUkraine War, Trade Disruptions Continue to Challenge International Shipping IndustryLoss of life/vessels, exacerbation of crew crisis, trade disruption, sanctions burden, cost increases and availability of bunker fuel pose increased risk for international supply chains.Risk/ComplianceCyber Incidents Major Concern for Supply Chains, Outranking COVID-19Cyber incidents tops the Allianz Risk Barometer for only the second time in the survey’s history, business interruption drops to a close second and natural catastrophes rank third.Ocean Ports & CarriersShipping Losses Remain at Historic Lows Despite Looming Supply Chain ChallengesFactors such as COVID-19, piracy and cyberattacks, climate change, delays and more remain the most challenging supply chain disruptions.HomeScenario Planning for Future DisruptionsRisk management today is very good at insurable risks, but could do better when it comes to non-insurable risks, like intangible assets, supply chains and reputation.Products & Press ReleasesHomeCyber Crime Costs Keep Rising, But Internal Failures are the Most Frequent Cause of Cyber Claims for CompaniesExternal attacks on companies result in the most expensive cyber insurance losses, but it is employee mistakes and technical problems that are the most frequent generator of claims by number.Request More InformationFill out the form below to request more information about Allianz Global Corporate & Specialty