Geopolitical risk has become a much more pressing concern for businesses since the last survey, with war risk ranking top for 22% of UK and US leaders by summer, Beazley found. Economic uncertainty, which was a top concern even before the Ukraine invasion, has spiked six percentage points over the same time last year, with 27% of business leaders ranking it their top risk in January, rising to 28% in six months’ time.
55% of respondents globally said they were very or moderately concerned about their ability to mitigate inflation during 2022. In the US, that proportion rises to 65%
