PRMIA and Capital Market Risk Advisors (CMRA) released preliminary results to its Risk Governance Survey.
The survey looked at the primary concerns of risk professionals for the second half of this year. It had more than 140 participants from 27 countries, with most of the participants from the U.S.
Thirty two and a half percent of the respondents were from banks or investment banks, just over 22% from asset managers, nearly 14% from insurance companies, and nearly 35% with assets of more than $100 billion.
For banks, credit risks are the top concern, followed by the government changing the rules. Volatility was ranked lower for banks than asset managers, insurance companies and plan sponsors/endowments/foundations.
CMRA Partner Peter Niculescu said the survey confirms that government inconsistency remains a major concern.
The full results of the survey will be released on the July 28, and participants will then receive detailed, customized results comparing their practices to their peer group.