Alert:24's report highlights rising security threats, political unrest, and crime impacting global operations in 2024.
Quiver AI Summary
In its latest Crisis Management Annual Review, Alert:24, the risk advisory and crisis support service from Willis, reported that 26% of incidents in 2024 involved threats against individuals or assets, with emergency political repatriations and kidnaps for ransom each accounting for 21%. The year witnessed significant political upheaval globally, influenced by rising populism and economic challenges, with many incumbents losing voter support. Incidents of violence against officials increased, while terrorism threats were notably linked to lone-wolf actors in North America and Europe. In Latin America, organized crime fueled a rise in kidnappings, predominantly in Brazil, Colombia, and Mexico. Although overall client incident notifications dropped by 21%, regional disparities were evident, with Africa leading in reported incidents. The report emphasizes the importance for organizations to proactively manage political risks to maintain operational stability amidst uncertainty.
Potential Positives
- 26% of client-reported incidents were related to threats against individuals or assets, showcasing the company's role in addressing critical safety concerns.
- The reduction in client incident notifications by 21% in 2024 indicates a stabilization of client environments, suggesting effective risk management strategies in prior years.
- The report stresses the importance of organizations accurately assessing and managing political risks, positioning the company's services as essential for maintaining stability and resilience in volatile environments.
- WTW operates in 140 countries, emphasizing its extensive global reach and local expertise, which can enhance its competitive advantage and client trust.
Potential Negatives
- 26% of reported incidents were related to threats against individuals or assets, highlighting significant security challenges faced by clients.
- Emerging trends indicate a rise in violence and unrest, particularly in Europe and North America, suggesting a deteriorating geopolitical landscape that may impact client operations.
- The report indicates that organized crime remains pervasive in Latin America, creating an unstable environment for businesses operating in the region.
FAQ
What percentage of incidents reported by Alert:24 were threats against individuals or assets?
26% of all incidents reported by clients to Alert:24 in 2024 were related to threats against individuals or client assets.
What factors drove political unrest in the 2024 elections?
Poor economic performance and high inflation were significant factors contributing to political unrest and incumbents losing votes in the 2024 elections.
What are the primary terrorism threats expected in 2025?
In 2025, terrorism threats are expected to stem from lone-wolf actors using low sophistication tactics and techniques, particularly in Europe and North America.
How did client incident notifications change in 2024?
Client incident notifications decreased by 21% in 2024 compared to the previous year, reflecting a sustained level of conflict and catastrophes.
Which regions saw the highest incidents reported to Alert:24?
Africa led with 27% of total incidents reported, followed by Latin America at 24%, with notable events occurring in Haiti.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WTW Congressional Stock Trading
Members of Congress have traded $WTW stock 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $WTW stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 2 purchases worth up to $65,000 on 01/28, 01/13 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$WTW Hedge Fund Activity
We have seen 326 institutional investors add shares of $WTW stock to their portfolio, and 337 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MIZUHO SECURITIES USA LLC removed 7,559,454 shares (-99.9%) from their portfolio in Q4 2024, for an estimated $2,367,923,370
- FMR LLC added 1,266,484 shares (+52.4%) to their portfolio in Q4 2024, for an estimated $396,713,448
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,217,714 shares (+77.5%) to their portfolio in Q4 2024, for an estimated $381,436,733
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 1,027,793 shares (-13.7%) from their portfolio in Q4 2024, for an estimated $321,945,879
- WELLINGTON MANAGEMENT GROUP LLP added 973,843 shares (+6676.1%) to their portfolio in Q4 2024, for an estimated $305,046,581
- JANUS HENDERSON GROUP PLC added 849,358 shares (+6286.4%) to their portfolio in Q4 2024, for an estimated $266,052,899
- ACADIAN ASSET MANAGEMENT LLC removed 675,278 shares (-84.7%) from their portfolio in Q4 2024, for an estimated $211,524,080
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LONDON, Feb. 27, 2025 (GLOBE NEWSWIRE) -- 26% of all incidents reported by clients last year to Alert:24 - the in-house risk advisory and crisis support service provided by Willis, a WTW business – were related to threats against individuals or client assets. Closely following, at 21% each, were emergency political repatriations of employees or family members and kidnaps for ransom, according to its latest Crisis Management Annual Review .
In a record year for the number of elections in 2024, incumbents in many of the world's leading democracies faced significant declines in vote share, with nearly 80% losing ground compared to previous elections. The trend was driven by poor economic performance, with high inflation being a major concern for voters. While some incumbents formed minority coalitions to stay in power, many were ousted. The year saw significant protests and political turmoil in both free and authoritarian countries.
Looking ahead to 2025, rising populism, divisive rhetoric, and socio-economic tensions will drive continued violence and unrest in Europe, but the security agenda will remain dominated by terrorism threats and geopolitical challenges. Acts of violence directed against European officials surged in 2024, a trend which is expected to continue in 2025. Terrorism in North America and Europe will highly likely continue to stem from lone-wolf actors inspired by radical ideologies and involve low sophistication tactics and techniques.
Civil unrest and political violence are also a possibility amid growing social tensions in the US.
In Asia-Pacific, the threat of active assailant incidents has come to the fore over the past year and will remain a trend to watch.
Other key takeaways include:
- Persistent trends: In the US, the number of active assailant attacks remains higher than the pre-COVID-19 average, with a continued prevalence of workplace violence and mass shootings. The threat of lone-wolf terrorism also persists, with radicalization taking place online. In Latin America, organized crime continues to be pervasive, with highly operational criminal enterprises often intertwining with political structures to advance their interests and destabilize democratic institutions. Consequently, there has been a surge in kidnapping, in particular express kidnappings, with notifications to the Crisis Support Team for this type of incident originating in Brazil, Colombia, and Mexico.
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Sustained level of conflict:
Overall, client incident notifications reduced by 21% in 2024 in comparison to the prior year, reflecting a 2023 characterized by a sustained level of conflict and catastrophes. While major events, such as the conflict between Israel and Hamas and the Sudanese Civil War, continue to fuel demand for risk mitigation services to protect operations, assets and personnel in affected areas, no new crises of a similar scale have emerged in 2024.
- Regional distribution of incidents: Africa led the tally with 27% of total incidents reported to Alert:24 by clients, all of them in Sub-Saharan Africa, with no single country accounting for a disproportionate share. Latin America was not far behind, more than doubling its share of incidents from 13% to 24%. Haiti was particularly notable as it accounted for approximately 20% of the events in Latin America, after not having registered any incidents during the previous year. Europe saw a reduction of total incidents from 14% to 8%.
Overall, the past few years have seen instances of political unrest that have significantly impacted the shape of global commerce. Much uncertainty lies ahead across the world, as even just one event could have resounding global trade repercussions. Those organizations able to quickly identify and rapidly respond to changes in political risks to their global supply chains are likely to have a competitive advantage over their peers.
Jo Holliday, global head of crisis management, said: “We continue to see clients impacted by a wide range of incident types across a broad geographical footprint, impacting both their people and physical assets. Looking ahead, political instability and the consequences of it are likely to continue and those clients that accurately assess, manage and then act on it are likely to navigate the volatile risk environment more effectively. Combining relevant insight and research, risk identification and quantification analytics as well as proactive crisis management is crucial for companies looking to ensure stability and resilience and are key to navigating these challenging times effectively."
The report can be downloaded here .
About WTW
At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce and maximize performance.
Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.
Learn more at wtwco.com .
Media contact
Sarah Booker:
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