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October 24, 2022

AXA Future Risks Report 2022

Climate change has become the number one concern around the world

  • Climate change is the number one risk in all geographic areas
  • Geopolitical risks rank second, overtaking cyber and pandemic
  • Sense of vulnerability to certain risks is increasing and the level of trust is deteriorating

Over the last year, economic and geopolitical challenges have added a new layer of uncertainty to the disruptions caused by the Covid pandemic and the climate crisis. Meanwhile, almost 70% of the general public believe that insurers will have an important role to play in mitigating future risks. At AXA, we are determined to play our full part.

Thomas Buberl

Chief Executive Officer of AXA

I see this as the greatest risk that threatens us: the feeling of powerlessness. It is as true today as it has ever been that only action will enable us to meet the challenges we face. This requires, first and foremost, our ability to build consensus and to act collectively.

Find out the emerging trends in this video with Thomas Buberl, AXA Group CEO and Ian Bremmer, President of the Eurasia Group and GZERO Media:

The report finds that the main risks in the next five to ten years will relate to climate changegeopolitical tensions, cyber security risks and energy risks.

14%
of experts
believe public authorities are well prepared to face the climate crisis
94%
of experts
expect geopolitical tensions to spread around the world
51%
of experts
consider shutdown of critical infrastructure & essential services as the main cyber risk

Click to discover the key findings of the report

Climate change, geopolitics and energy are forming a new nexus of riskClimate change, geopolitics and energy are forming a new nexus of risk
Economic risks are becoming more serious and fuelling social tensionsEconomic risks are becoming more serious and fuelling social tensions
The “new normal” Cyber security riskThe “new normal” Cyber security risk
People feel more risk averse amid rising vulnerability and erosion of trustPeople feel more risk averse amid rising vulnerability and erosion of trust

The 2022 AXA Future Risk Report is a global study examining the emerging risks threatening our planet. For this ninth edition, 4,500 experts from over 50 countries and 20,000 respondents from the general public contributed to the survey. This report is produced in partnership with the IPSOS research institute and the geopolitical analysis consultancy Eurasia Group.

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