QBE Insurance announced key findings from this year’s QBE Hong Kong SME Survey. Between November 2024 and January 2025, 600 Hong Kong business executives voiced their thoughts on multiple business risks and opportunities, including workplace safety and health, talent retention and insurance-related issues.
A notable takeaway from this year’s edition is how most business leaders have concerns about a wide range of businesses risks, yet very few hold insurance policies to protect their companies against these. For the second year running, anxiety over rising property rental prices was cited by 67% of respondents as the number one business concern, up from 64% in 2024. More interestingly however, was how 65% of businesses said that loss of income due to business interruption was a key business concern, while just 24% hold insurance policies to shield them from this risk. Similarly, 65% and 64% of respondents are concerned about the impact of losing staff and equipment malfunction respectively, with only 19% and 25% having insurance to cover these issues.
