The Monetary Authority of Macao (AMCM) has opened subscriptions for the 2025 catastrophe property insurance programme for small and medium-sized enterprises (SMEs) and confirmed the continuation of a related premium support plan to reduce insurance costs for eligible firms. Participation by local insurers has increased to six, and SMEs may take out one policy per business premises with sums insured of MOP100,000, MOP200,000, MOP300,000 or MOP500,000. Renewal discounts apply for policyholders with no claims, rising from 20% in the first renewal year to 35% from the fourth year onwards, while a claim made during a period in which a 25% or higher discount applies resets the next renewal discount to 20% (with the annual maximum discount capped at 35% if no new claim is made). The Macao SAR Government will continue to provide premium support via the Industrial and Commercial Development Fund equal to 50% of the annual standard premium or MOP30,000, whichever is lower. Cover is triggered by severe weather alerts announced by the Meteorological and Geophysical Bureau, including Tropical Cyclone Signal No. 8 or above, Red Storm Surge Warning or above, and the Black Rainstorm Warning; the programme also features no deductible and no indemnity limit for goods. Since launch, 101 subsidised policies have been issued with total insured value of about MOP14.9 million. Subscriptions are accepted through 31 December 2025, and AMCM has updated its website with 2025 programme details, including the list of authorised insurers and information on the premium support plan.

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