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The conflict in Ukraine is inflicting a tragic human toll and causing significant aftershocks to the global risk landscape. The immediate impact has been wide-ranging—for example, on energy and food security, geopolitics and economies—with consequences that will extend long into the future. Businesses and insurers must work together to manage and navigate this volatility to help protect and enrich the lives of people around the world.
This new report, Ukraine: A Conflict That Changed The World, created in collaboration with Lloyd’s, aims to provide insights on the short, medium and long-term impacts of the Ukraine crisis on the risk landscape. The analysis is based on in-depth interviews with 75 sector experts and practitioners across Aon and Lloyd’s, each providing real-life, practical insights on the challenges that companies are facing today and how they are adjusting their risk management approaches in response.
The report applies five plausible scenarios to the industries and geographies most affected by the conflict. Each scenario explores the possible short, medium, and long-term effects of the conflict across a series of themes: supply chains, energy, food security, ESG, the climate transition, inflation and cyber. The report emphasizes the need for insurance, as a key risk transfer mechanism, to help businesses mitigate these interrelated risks and build organizational resilience.
Ready to learn more about how we can help your business navigate challenges related to the conflict in Ukraine? Please complete the form below and a member of our team will be in touch. Fields marked with an asterisk (*) are required.