Hong Kong SMEs concerned about numerous business risks, but few invest in protective measures, unearths QBE annual survey
Around one-third of businesses are concerned about the financial fallout from business interruption, loss of key staff, and equipment breakdown — while only about one quarter hold insurance policies that cover these. Attention to workplace safety...
Annual QBE survey finds Singapore SMEs remain underinsured despite concerns over multiple business risks; and a major employer of workers over 65 years old
Almost three quarters of businesses are concerned about the financial fallout from business interruption, damage or loss of inventory, and fraud — while only around 20% hold insurance policies that cover these. Attention to workplace safety and...
Singapore SMEs expect to face multiple business challenges in 2025, with over half expecting AI to significantly impact business productivity, finds QBE Singapore annual SME survey
Two-thirds of survey respondents say increased costs and reduced profitability is a challenge, with over half seeing reduced customer spending and financial challenges. To meet these issues, most are rolling out a variety of measures, including the...
Hong Kong SMEs face rising business costs and rapidly evolving cyber risks, while AI is thought to significantly impact business productivity, finds QBE Hong Kong annual SME survey
Almost 60% of survey respondents say increased costs and reduced profitability is a challenge, with about half finding cash flow and access to funding a challenge. To counter these issues, many continue to implement a wide range of measures,...