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Marsh JLT Specialty has published the Political Risk Map 2020: Mid-Year Update, providing risk ratings for 197 countries across nine perils covering the security, trading, and investment environment from January to July 2020. |
All 197 countries rated experienced an increase in their risk scores between January and July 2020, compared to 30% in the same period in 2019. Of those that increased in score, the magnitude of the changes were also much greater in 2020. In 2019, 97% of increases were small (0.1-0.4), compared to 7% in 2020. Further, 40% of score increases have risen between 1.0 and 1.4 so far this year.
According to the report, the COVID-19 pandemic’s economic and social impacts are driving significant shifts in global political risk — introducing new dynamics and accelerating existing geopolitical megatrends, such as trade protectionism and the transition to a multipolar world order. |
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