Businesses always have a lot to worry about, and thesedays one of the items that's getting increasing attention ispolitical risk.

Corporations and their risk managers are facing an unprecedentedset of surprises that reflect a backlash against globalization indeveloped countries, including the U.K.'svote to exit the EU and the U.S.'s election of Donald Trump,who has argued for exiting various trade agreements.

Political risk and uncertainties jumped to the ninthhighest-ranked risk among businesses surveyed for Aon's2017 Global Risk Management Survey, up from 15thplace in its 2015 survey.

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Susan Kelly

Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.