Emerging risks | Growth Opportunities | APAC Insurance

Thursday, November 12, 2026

Fire, Liability, Life and Health, News, Non-life, Property, Reinsurance, Renewals

Wang Fuk Court fire expected to “halt downward pressure” on Hong Kong property reinsurance rates, says AM Best

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

By

Reih Angeles

December 2, 2025

•

3 min read

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Unlock this insight for free

Register for a free 14-day trial to read the full insight.

14 days of access to (Re)in Asia’s premium intelligence
Free daily briefing in your inbox each morning
No credit card required

Already have an account? Sign in →

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Read next

Wei Fan to succeed Patrick Wang as head of Skuld Hong Kong in September 2027 October 22 2026
Lloyd's reinsurance rates to stay adequate through 2026 despite softening – AM Best September 7 2026
Victoria leads Australia in motor theft, property crime insurance losses, ICA says September 11 2026
HDI Global hires senior property, marine and distribution talent in Hong Kong September 21 2026
Beijing court, regulator and insurers’ body map autonomous driving liability disputes October 27 2026
Australian court rules ANZ's A$116.9m settlements fall outside Lloyd's-backed excess liability cover October 12 2026