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The Deutsche Bank Thematic Research team classifies the COVID-19 pandemic as a tail risk, and highlights that the occurrence of tail risks is more regular than most people think.

In a new report the Thematic Research team considers various tail risks that could cause another global crisis, and assesses the probability that they will occur.

The team highlights there is a one-in-three chance that at least one of four major tail risks will occur within the next decade: a major influenza pandemic killing more than 2 million people; a globally catastrophic volcanic eruption; a major solar flare; or a global war.

More details.

What are tail risks?

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