The fire has killed at least 94 people, with insurance claims estimated at HK$2.6bn (US$334m), and general property and CAR policies described as "severely underinsured".
Qiu will maintain her current role while taking on expanded responsibilities as CEO, Global High-Net-Worth and Chief Partnership Distribution Officer, Asia
Flames have engulfed multiple towers of Wang Fuk Court, prompting the city’s highest fire alarm, and with reports emerging of residents trapped in their homes.
The facility, managed by Alliance Risk Transfer and backed by five founding insurance partners, seeks to help Hong Kong address shifting global marine war risk exposures.
