Hong Kong insurers mobilise to help fire victims claim payouts on 12,000 policies

The Hong Kong Insurance Authority has directed insurers to move quickly to assist victims of the Tai Po fire by directly contacting policyholders to help them claim compensation for about 12,000 insurance policies, according to CEO Clement Cheung Wan-ching. Cheung on Monday updated the figures on insurance policies affected by the 43-hour blaze that started…

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Hong Kong insurers identify 8,700 life and property policies owned by Tai Po fire victims

About 30 Hong Kong-based insurance companies, including AIA and Manulife, have issued 7,600 life insurance and 1,100 property policies to policyholders listed as residing at Wang Fuk Court, according to the Insurance Authority. Insurance Authority CEO Clement Cheung Wan-ching said the authority had set up a special task force, led by senior executives, to urge…

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