Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Hong Kong hotel blaze may cost insurers up to $64 million

March 06, 2023 Reprints

Insurance expert Chan Kin-por said that a massive fire that broke out at the 42-story Kimpton Hotel construction project in Hong Kong's Tsim Sha Tsui on March 2 could cost insurers as much as $64 million under their contractors’ all-risks cover, Asia Insurance Review reported citing The South China Morning Post. Philip Mak, chairman at Hong Kong Insurance Professionals Federation, said that the fire burned from the top floor to the lower floor of developer Empire Group Holdings' hotel, which was 90% built.

Help

Hong Kong hotel blaze may cost insurers up to $64 million

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources