Insurance giant Allianz Global Corporate & Specialty’s (AGCS) latest report highlights five “megatrends” that will have significant risk implications for senior management in 2020 that should be of interest to compliance officers.
‘Bad news’ events
The first key risk outlined in the AGCS report, titled “Directors and Officers Insurance Insights 2020,” is that more litigation will come from “bad news” events that are unrelated to a company’s financial results. A key “bad news” event that has already resulted in a spate of unforeseen legal claims is the #metoo movement.
