Companies worldwide are bracing themselves for a year of increased uncertainty, driven by growing concerns over political, legal and regulatory developments around the globe.

In the sixth annual Allianz Risk Barometer, the top corporate perils and potential responses for 2017 have been identified based on the insight of more than 1,237 risk experts from 55 countries.

"Companies worldwide are bracing for a year of uncertainty," says Chris Fischer Hirs, CEO of Allianz Global Corporate & Specialty SE. "Unpredictable changes in the legal, geopolitical and market environment around the world are constant items on the agenda of risk managers and the C-suite. A range of new risks are emerging beyond the perennial perils of fire and natural catastrophes which require re-thinking of current monitoring and risk management tools."

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Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].