Leaders in the real estate and construction space think economic uncertainty poses a very real risk to their business.
This year has seen recession fears rise amidst erratic policymaking in the United States, with President Donald Trump constantly shifting his tariff policy.
There’s also been slower economic growth, with some businesses taking a wait and see approach as they weigh up the risk of a recession.
Some 29% of executives see economic uncertainty as their main concern, followed by political risk (26%) and inflation risk (25%), research from the insurer Beazley has found. One in five (20%) were concerned about war and terrorism.
Bethany Greenwood, group head of specialty risks at Beazley, said: “Resilience isn’t just about surviving disruption; it is about turning risk into competitive advantage.
“Innovative insurance solutions, including political risk coverage, parametric supply chain protection and crisis management services, are helping businesses act confidently in uncertain conditions.”
In July 2025 the vast majority (83%) of business leaders saw geopolitical and economic uncertainty as a roadblock to growth.
Some 87% of business leaders globally plan to adjust suppliers or reroute operations due to geopolitical tensions.