CCW Global Insurance Brokers has created a number of in-depth resources and articles to help you understand the issues revolving around general insurance topics in Hong Kong. We will be continually updating this page with content which provides extensive analysis and investigates all the core concerns in relation to your general insurance coverage needs in Asia's world city.
Published on: 14 October 2020 by Michael Lamb
On 5:40am October 13th 2020 the Hong Kong Observatory raised the Typhoon number 8 signal for Typhoon Nangka. Raising the number 8 signal set a record for the Observatory as Nangka was 450km away from Hong Kong at the time; the furthest storm in over 60 years to trigger the signal.
While the Observatory was acting with caution based on their most relevant models, the fact is that Typhoon Nangka was extremely underwhelming, with much of the city experiencing mild winds and intermittent showers (if they experienced anything at all). Consequently the Hong Kong Observatory lowered the number 8 signal at 7:40pm on Tuesday October 13th, and Typhoon Nangka will fade into memory for Hong Kong.
Published on: 7 October 2020 by Michael Lamb
Hong Kong is known around the world for having some of the most expensive property on earth. While our homes may not be very large, they are often highly expensive and contain precious, valuable, and sentimental items.
Over the last 6 months, against the backdrop of political unrest and Covid-19 Pandemic restrictions, home robberies in Hong Kong are up roughly 50 percent against the same period in 2019. During this period there were approximately 1,156 home break ins, and burglars have been targeting residences occupied by a number of high profile targets. Large homes in Stanley, Redhill, Chung Hom Kok, and the Peak have proven to be favorites of criminal elements; in July a senior Swire executive had his peak home robbed with hundreds of thousands of dollars in cash and valuables taken.
Published on: 15 September 2020 by Michael Lamb
At CCW Global when we have talked about business insurance in Hong Kong, we have traditionally focused on for-profit companies. However, Hong Kong has many businesses operating in the nonprofit sector, and these organizations may not be effectively managing the various risks they face every day.
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