Moreover, geopolitical turmoil and uncertainty pushes political risks and violence to its highest-ever position at #7.
In Romania, legislative and regulation changes are considerred the biggest risk for companies, climbing from the third position. AI and cyber risks come next in the local ranking, in line with Allianz Risk Barometer.
„For our clients, the challenge in 2026 is not just managing individual risks, but understanding the way they interconnet and can enhance the impact over activity,” says Virgil Soncutean, Allianz-Tiriac Romania CEO.
In the global ranking, for the first time ever, Business interruption is not in the top two risks, dropping to #3. Yet, this peril remains a significant concern given it can be a consequence of other risks in the global top 10.
The Allianz Risk Barometer is an annual report identifying the most important corporate concerns for the year ahead, as ranked by 3,338 risk management experts from 97 countries and territories.
It has been published for the 15th time.
(English version by Catalina Apostoiu)