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 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".

Insurers have also introduced dedicated hotlines and streamlined claims processes as a result of the deadly blaze.

Taiping Hong Kong pledges swift claims handling and full support for those affected by the fire that has killed at least 94 people at the scaffold-wrapped estate.

Hong Kong’s insurance sector has introduced fast-track measures while pledging more than HK$100m (US$13m) to support those affected by the Wang Fuk Court fire.

China's regulator calls on the industry to act swiftly and to focus on the needs of those affected.

The Tai Po blaze could prompt reinsurers to tighten terms and impose stricter underwriting at upcoming renewals.

Hong Kong's P&C industry expected to maintain an underwriting profit, but firms may review risk retention, pricing, and reinsurance strategies.

The amount brings the insurer’s total financial aid for those affected by the Wang Fuk Court fire to HK$40m.

Insurers raise US$42m to aid victims of Hong Kong's Wang Fuk Court fire, with HKFI-led donation drive raising HK$9.17m.

China Taiping says it has paid HK$5.37m (US$690k) in the first wave of compensation to residents.

China Taiping finds itself on both sides of the claims ledger following Hong Kong's deadly Tai Po fire, with its reinsurance subsidiary among three confirmed reinsurers backing the group's primary insurance policies.

Businesses will jointly provide a HK$20,000 (US$2.5k) payout to support medical and daily costs for those hospitalised by the Tai Po fire.

Event to heighten earnings volatility, but capital buffer, reinsurance, and state support will help group absorb claims impact.

AM Best has affirmed the insurer’s ratings, noting the net retained loss is expected to be manageable.

Chubb Group donated HK$10m, while Generali Hong Kong is contributing HK$3m, along with a one-time HK$10,000 donation to its policyholders who are residents of Wang Fuk Court.