Risks of social or political nature arrive second in the categories of risks with the highest impact. Among them, social & political unrest, mismanagement of population ageing, evolving terrorism and geopolitical imbalances all appear in the top 10 risks.
Interview with Christian Thimann, AXA Group Head of Strategy & Public Affairs
"There are a number of drivers in the global economy that give rise to social and political risks, potentially, both at a global and regional level. One important driver is rising discrepancies not just in terms of income and wealth, but also inequality of access to education, basic goods and health. [...] Another very important driver is population ageing and the possible mismanagement of that process. [...] Every year, life expectancy rises by 1-2 months. This will change our society very profoundly."