Risk levels are rising in Western economies due to the increased terrorism threat posed by Islamic extremists, according to the Aon Terrorism and Political Violence map.
The map, released by Aon Risk Solutions and The Risk Advisory Group, provides an insight for businesses with an aim to reduce risk exposures.
Australia, Belgium, Canada, Denmark, Estonia, France, Germany, Ireland and Norway are all countries with an increased risk rating. These rises are largely due to increased terrorism threats.
The top risks for business include increased terrorism threats across developed economies, and a progressively uncertain and dangerous geopolitical environment, where the risk of armed conflict is growing amid changing and unstable regional balances of power.
Scott Bolton, director of business development and network relations at Aon Risk Solutions, commented: “The Aon Terrorism and Political Violence map is a key analytical source which helps our clients understand terrorism risk exposures across the globe.”