So, which countries should be a risk management focus?
More than a decade ago, we launched the Political Risk Index to track political risk levels in major emerging markets. We use a ’risk temperature’ system to simplify the information and to highlight where countries were, relative to each other.
If a client had operations or interests in ‘red countries’ they have historically conducted a discovery exercise, understanding what insurance options are available, and at what price.
However, recent events have demonstrated that amber can quickly turn to red so, to keep on the front foot, amber-rated countries also need to be considered as do the countries that are trending upwards.
In our latest index the amber countries (based on politically motivated protests alone), are:
Angola, Argentina, Azerbaijan, Brazil, Cambodia, Cameroon, Colombia, Egypt, Ethiopia, Guyana, India, Indonesia, Iran, Iraq, Cote d’Ivoire, Jordan, Kazakhstan, Kenya, Laos, Mali, Mexico, Morocco Mozambique, Nigeria, Peru, Philippines, Saudi Arabia, Senegal, South Africa, Thailand, Uganda, Uzbekistan, South Africa.
