Company: Hong Kong Insurance Authority Page 1 / 1
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- April 24 2026
Hong Kong posts strong gross premiums in 2025, but P&C underwriting profits hit by Wang Fuk Court
Underwriting profits in Hong Kong's onshore property damage business fell last year by 97.2% due to reserving and losses arising from the Wang Fuk Court tragedy in November.
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- April 23 2026
Hong Kong advances ILS frameworks, including sidecars, Bermuda ties: IA chief
Insurance Authority (IA) CEO Clement Cheung tells InsuranceAsia News that Hong Kong will create a regulatory framework 'in the near future', while chairman Stephen Yiu calls for a deeper catastrophe bond ecosystem to attract private capital.
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- April 20 2026
Insurers must pair AI adoption with stronger cyber resilience, Hong Kong’s regulator warns
Insurance Authority's Tony Chan tells IAN's APAC Cyber Risk and Insurance Summit that Hong Kong's regulator is developing a new AI governance framework to bolster cyber resilience amid rising AI-driven threats.
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- March 11 2026
Hong Kong challenges global markets with lower marine war-risk premiums amid Middle East tensions
The Hong Kong marine war risk pool, offering up to US$130m limit per policy, now covers 10 mainland Chinese ships sailing in the Gulf, the Hong Kong Insurance Authority said.
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- February 25 2026
Hong Kong extends pilot ILS grant scheme to 2028
Financial secretary Paul Chan Mo-po announced various moves for the industry in Wednesday's budget speech also including a three-year extension of the programme to enhance talent training for the insurance sector.
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- February 3 2026
Wang Fuk Court fire insurance payouts exceed US$65m: HKIA
A total of 863 general insurance claims and 169 life insurance claims have been settled, the Insurance Authority said on Tuesday.
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- December 22 2025
Wang Fuk Court fire insurance payouts exceed US$33m: HKIA
General insurers have processed 1,038 clams with total payout of around US$26m in the three weeks since the fire, the regulator said.
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- October 27 2025
Hong Kong insurers’ H1 GWP at US$7.5bn, underwriting profit at US$180m: HKIA
The industry reported gross claims of US$3.3bn, while overall operating profit stood at US$840m, the regulator said.
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- September 17 2025
Hong Kong proposes marine risk pool in maritime push
Chief executive John Lee said in his annual policy address that the government would also promote exclusive captive and reinsurance businesses, as well as develop insurance products for the low-altitude economy.
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- July 28 2025
Hong Kong P&C market posts US$112m underwriting profit in Q1 2025: HKIA
The SAR's direct insurers posted an underwriting profit of US$140m, while the inward reinsurance segment posted an underwriting loss.
