The Hong Kong Insurance Authority has published an update on claims handling following the Wang Fuk Court fire, reporting that processing for 1,032 claims, around 85% of the total, has been completed involving almost HKD 510 million. Across general insurance, 863 of 1,030 claims, 84%, have been settled involving about HKD 450 million. For long-term insurance, 169 of 188 claims, 90%, have been settled involving about HKD 60 million. The remaining claims require on-site inspections and damage assessments, and the Insurance Authority will continue to follow up with the Hong Kong Federation of Insurers.
Hong Kong Insurance Authority 2026-02-03
Hong Kong Insurance Authority reports 85% of Wang Fuk Court fire claims settled involving almost HKD 510 million
The Hong Kong Insurance Authority reported that 85% of claims related to the Wang Fuk Court fire have been processed, totaling nearly HKD 510 million, with 84% of general insurance and 90% of long-term insurance claims settled. Remaining claims require further inspections, and the Authority will continue coordination with the Hong Kong Federation of Insurers.