2010 Global Risks Report warns of long shadow of the financial crisis

Zurich Financial Services has contributed to the World Economic Forum's Global Risks Report for the third year in a row. The Report is published ahead of the WEF's Annual Meeting in Davos. Other contributors include Citigroup, Marsh & McLennan Companies (MMC), Swiss Re, and the Wharton School Risk Center.

Global Risks 2010 highlights the impact of the fiscal crisis and the social and political implications of high unemployment rates in several major economies as key concerns. Notably, the current models for health, education and unemployment protection have been put under severe strain by the fiscal crisis, notwithstanding the longer-term implications of increasing life expectancy.

More widely, the report points to the impact of the global recession on longstanding under-investment in infrastructure, especially in energy and agriculture, and the rising costs of treating chronic disease. These “creeping” risks have not appeared overnight, but the recession has limited the ability of decision-makers to combat them effectively.

Download Global Risks Report 2010 (pdf)

Download Global Risks Report 2009 (pdf)

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