Once again, cyberattacks and business interruption ranked as the top two risks on Aon PLC's global risk management survey, which queried nearly 3,000 risk managers, C-suite leaders and other executives in 61 countries.

"The world is more volatile, reflecting a series of profound transitions across trade, technology, weather and workforce issues that have awoken business leaders to the increasingly interconnected nature of risk and people challenges," Aon CEO Greg Case said in a release.

The inability to attract and retain talent is becoming more urgent as it now ranks among the top five global challenges facing risk managers today. Aon reported that chronic employee shortages alongside workers' demands for better work/life balance make having "competitive employee value propositions and well-being strategies" vital for pulling and retaining the talent.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]