No Shortage of Challenges for Construction
The top threats for construction companies worldwide are business interruption (43%), natural catastrophe (42%) and fire or explosion (24%), according to the latest Allianz Risk Barometer. The Allianz Risk Barometer 2022 covers 2,650 experts in 89 countries and territories; 160 respondents were from construction.
Cyber incidents (23% of responses) and shortage of skilled labor (21% of responses) also rated highly among concerns.
Construction Executive, an award-winning magazine published by Associated Builders and Contractors, is the leading source for news, market developments and business issues impacting the construction industry. CE helps its more than 50,000 print readers understand and manage risk, technology, economics, legal challenges and more to run more profitable and productive businesses.