The Hong Kong Insurance Authority hosted a panel discussion at the Asian Financial Forum titled “Charting Future Seas: Hong Kong’s Maritime Prospects for Insurance”, bringing together insurance and professional services experts to discuss Hong Kong’s marine insurance outlook and its role in supporting the city’s positioning as an international maritime hub. The discussion centred on three areas for the sector’s sustainable development: building a pipeline of specialist talent for niche marine risks, adapting to rapid technological change in shipping and the digitalisation of global supply chains, and strengthening synergies across Hong Kong’s wider maritime services to support the marine insurance ecosystem. Clement Lau, Executive Director for Policy and Legislation, framed the theme around the need for a more strategic and forward-looking approach amid a more complex global trade landscape, and pointed to targeted policy support already in place alongside recent developments that he said provide impetus for more coordinated stakeholder collaboration.

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