Reinsurers expected to shoulder most of $200m loss from Hong Kong fire: AM Best
Reinsurance News - Dec 02, 2025
According to ratings agency AM Best, a material portion of the gross incurred loss, which may exceed $200 million from the deadly Hong Kong apartment (Wang Fuk Court) fire, is expected to be transferred to reinsurers. This is because primary insurers typically rely on a mix of reinsurance arrangemen...
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