The Hong Kong Insurance Authority unveiled its climate strategy and launched the Climate Insurance Lab to strengthen insurers’ ability to manage climate risks and develop resilience focused products. The initiative brings together shared data infrastructure, industry capacity building, practical regulatory guidance and a Product Innovation Platform for cross-sector pilot projects, reflecting concerns about increasingly disruptive weather and a regional natural catastrophe protection gap.
2026-09-08Hong Kong Insurance Authority
Hong Kong Insurance Authority launches Climate Insurance Lab and unveils climate strategy
The Hong Kong Insurance Authority launched the Climate Insurance Lab as part of a new climate strategy for the insurance sector. The lab will support shared data, climate risk analysis, regulatory guidance and cross-sector product pilots. The authority also presented findings from its high-resolution Climate Modelling Project to improve risk assessment, underwriting and product development.