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Tai Po Fire: 85% of Claims Settled, HK$510 Million Paid

2/4/2026

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Summary

Story summary

Approximately 85% of insurance claims from the Tai Po fire in Hong Kong have been settled, amounting to nearly HK$510 million (US$65.3 million).
The Insurance Authority reported that 1,032 claims related to the fire, which occurred in November 2022, have been resolved.
CEO Clement Cheung Wan-ching noted that most claims were settled fairly, while remaining claims require on-site inspections.
The fire resulted in 168 fatalities and displaced nearly 5,000 residents from seven of the eight residential blocks at Wang Fuk Court.
Among the settled claims, 863 were general claims worth HK$450 million, and 169 were long-term claims totaling HK$60 million.

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Story summary

Approximately 85% of insurance claims from the Tai Po fire in Hong Kong have been settled, amounting to nearly HK$510 million (US$65.3 million).
The Insurance Authority reported that 1,032 claims related to the fire, which occurred in November 2022, have been resolved.
CEO Clement Cheung Wan-ching noted that most claims were settled fairly, while remaining claims require on-site inspections.
The fire resulted in 168 fatalities and displaced nearly 5,000 residents from seven of the eight residential blocks at Wang Fuk Court.
Among the settled claims, 863 were general claims worth HK$450 million, and 169 were long-term claims totaling HK$60 million.