“The headwinds hitting the US recovery are especially jarring given that the economy had been performing better than expected as America emerged from the initial lockdown period […] The University of Michigan’s index of consumer sentiment dropped in July to 73.2, bringing it back down to near its April trough of 71.8 and losing the bulk of the gains made in June.”Financial Times
July 22, 2020
“This pick-up in cases is enough to elevate fear…among businesses and consumers more broadly.[…] This is a national narrative.”
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Reputation risk is the peril of behavioral economic harm from fearful stakeholders.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
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