PremiumBusiness continuity risk is the most relevant for companies

A study by MDS reveals that the possibility of a 'V' recovery is, on the business side, a mirage: one to three years is the minimum expected time to return to pre-pandemic activity.

Business continuity is the most relevant risk detected by Portuguese entrepreneurs and managers in this phase of combating the Covid-19 pandemic, which is associated with the companies' liquidity level and cash flow situation, lack of orders, payment of wages , employee health, credit to customers and cyber risk. In this context, most entrepreneurs consider the 'V' recovery to be a mirage: one to three years is the expected time to return to pre-pandemic activity levels.

These indicators appear as the main conclusion of the study “MDS Research: Economic Situation in Portugal” - the responsibility of MDS, a multinational group that operates in the area of ​​insurance and reinsurance brokerage and risk consultancy - which also states that 47% of companies registered a reduction or closure of its activity, while only 5,2% increased its activity.

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