Food and its impact on the risk landscape

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Food risk, whether food insecurity or unsafe food, has wide ramifications for society and businesses, exposing risk managers and insurers both directly and indirectly to a large number of risks. Different areas of business and different types of insurance cover can feel the impact of food insecurity and unsafe food ranging from crop insurance through to liability. It is not just a risk in itself, food will also fuel other risks. This issue will require a multi-stakeholder solution with risk management playing a key role in promoting risk mitigation.

 

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