Social Unrest Is the Fastest-Growing Global Risk

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Analysis from Cambridge University reveals that social unrest is the fastest growing global risk, with a risk value of $8.3B. 

Today the Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School launches its 2020 Global Risk Index, revealing the impact of catastrophic shocks on the world’s economy. Key findings include: 

• Top three individual threats are market crash ($106.5B), interstate conflict ($83.6B) and tropical windstorm (68.3B) 
• Over the past year, total global risk has increased to $584B or $1.55 percent of 2020 GDP 
• Consistent with 2019, the top three threats are market crash ($106.B), interstate conflict ($83.6B) and tropical windstorm ($68.3B) 
• Interstate conflicts make Tokyo ($24.72B) and Istanbul ($18.8B) the riskiest cities in 2020 
• New York is third riskiest ($16,06B) due to its exposure to market crashes 
• This is followed by Manila ($14.35B) and Taipei ($13.28B) which are both highly vulnerable to tropical windstorms 

Analysis consists of a probabilistic event set of over 12,000 catastrophe scenarios representing 22 threats, with the potential to cause disruption to economic activity in 279 of the world's most important cities, responsible for 41 percent of the world's GDP.  

The full report and imagery can be downloaded here: https://we.tl/t-mGlzZY9r6F