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Discover LudwigThe phrase "are risking" is correct and usable in written English.
It can be used to indicate that someone is currently in the process of taking a risk or exposing themselves to danger or loss.
Example: "By investing all their savings in a single venture, they are risking their financial stability."
Alternatives: "are jeopardizing" or "are endangering".
Dictionary
are risking
verb
To incur risk (to something).
Exact(60)
Both are risking everything.
We are risking our necks on this".
They are risking their lives.
England are risking their last review.
"We are risking our future because our present is unbearable".
Fewer still seem to know that they are risking cancer.
We are risking our lives but there is no alternative".
We are risking death to make a living.
It couldn't be clearer that Republicans are risking a backlash.
These players are risking their bodies for our enjoyment.
"These guys are risking their life for you".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com