Hong Kong Tai Po Wang Fuk Court Fire (26/11/25): 85% of Claims Involving $57.6 Million (HKD 450 Million) Have Been Settled (Average $558,000 Per Claim in 1,032 Claims)
7th February 2026 | Hong Kong
Hong Kong Tai Po Wang Fuk Court Fire (26/11/25) – 85% of claims involving $57.6 million (HKD 450 million) have been settled (Average $558,000 per claim in 1,032 claims). Hong Kong Insurance Authority (3/2/26): “After the Wang Fuk Court fire, the Insurance Authority (IA) has dedicated full efforts in coordinating insurers to provide assistance for affected individuals and in closely monitoring the progress of claims processing. Up to now, the processing of 1,032 claims (85%) has already been completed that involve almost $510 million. Of the 1,030 general insurance claims, 863 (84%) have been settled that involve about $450 million; of the 188 long term insurance claims, 169 (90%) have been settled that involve about $60 million.” Clement Cheung, Chief Executive Officer of the IA: “The IA is aware that a majority of claims have been successfully settled based on the principle of treating customers fairly, and the remaining claims call for on-site inspections and damage assessments. We will continue to follow up actively with the Hong Kong Federation of Insurers.” In 2025 November, Hong Kong insurers were expected to payout $334 million in insurance coverage. China Taiping Insurance has $257 million (HKD 2 billion) insurance liability for Wang Fuk Court exterior & public area and $72 million insurance policy for registered contractor (Prestige Construction and Engineering Company) of Wang Fuk Court. Earlier, the Hong Kong government launched a Support Fund for Wang Fuk Court in Tai Po with $38.5 million (HKD 300 million) & designated Bank of China to receive donations. 1) Hong Kong Dollar: Bank of China (Hong Kong) Limited account number: 012-875-2-190159-7 (Account name: Support Fund for Wang Fuk Court in Tai Po); 2) Renminbi and other currencies: Bank of China (Hong Kong) Limited account number: 012-875-2-190160-7 (Account name: Support Fund for Wang Fuk Court in Tai Po). The Hong Kong SFC has canceled the annual staff dinner in 2025 December with the budget to be donated to the Support Fund for Wang Fuk Court in Tai Po. The HKMA & HKAB have announced 6 emergency measures for affected residents with 28 retail & digital banks with 1) Special hotline, 2) 6-month pre-approval grace period for all personal loans including fee waivers, 3) Extended banking hours in Tai Po, 4) Expedited processing for bank matters & replacements, 5) Access liquid funds with alternate identification methods, 6) Assist insurance claims. Donations – Li Ka Shing Foundation HKD 80 million, Lee Shau Kee Foundation HKD 30 million, Jack Ma Foundation HKD 30 million, Ng Teng Feng Foundation HKD 20 million, Chow Tai Fook Group HKD 20 million, WensFoodstuff HKD 40 million, Tencent Charity Foundation HKD 30 million, China Merchants Group HKD 20 million, AIA Hong Kong HKD 20 million, HKEX Foundation HKD 10 million, Anta HKD 30 million, UBS Optimus Foundation HKD 10 million, DBS Bank 10 million, HongShan Capital HKD 10 million, EQT Asia Chair Jean Salata family office Central Cove HKD 10 million, Alibaba HKD 20 million, SF Holding HK 20 million, CATL HKD 15 million, Hong Kong Airlines HKD 10 million, Ant Group HKD 10 million, Xiaomi HKD 10 million, ByteDance HKD 10 million, BYD HK 10 million, Geely HKD 10 million, Xpeng HKD 5 million, NetEase HKD 10 million, Trip.com HKD 10 million, Lenovo HKD 10 million, Midea Group HKD 10 million, PDD HKD 10 million, Shangri-la Group HKD 10 million, Apple (TBA). HKD 10 million is equivalent to $1.28 million … … The Hong Kong Tai Po Wang Fuk Court fire started on 26/11/25 with at least 128 people killed & more than 200 people missing (29/11/25).
“ Hong Kong Tai Po Wang Fuk Court Fire (26/11/25): 85% of Claims Involving $57.6 Million (HKD 450 Million) Have Been Settled (Average $558,000 Per Claim in 1,032 Claims) “
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Hong Kong Tai Po Wang Fuk Court Fire (26/11/25): Hong Kong Insurers Expected to Payout $334 Million, China Taiping Insurance with $257 Million (HKD 2 Billion) Insurance Liability for Wang Fuk Court Exterior & Public Area and $72 Million Insurance Policy for Registered Contractor (Prestige Construction and Engineering Company) of Wang Fuk Court
29th November – Hong Kong Tai Po Wang Fuk Court Fire (26/11/25) – Hong Kong insurers are expected to payout $334 million in insurance coverage. China Taiping Insurance has $257 million (HKD 2 billion) insurance liability for Wang Fuk Court exterior & public area and $72 million insurance policy for registered contractor (Prestige Construction and Engineering Company) of Wang Fuk Court. Earlier, the Hong Kong government launched a Support Fund for Wang Fuk Court in Tai Po with $38.5 million (HKD 300 million) & designated Bank of China to receive donations. 1) Hong Kong Dollar: Bank of China (Hong Kong) Limited account number: 012-875-2-190159-7 (Account name: Support Fund for Wang Fuk Court in Tai Po); 2) Renminbi and other currencies: Bank of China (Hong Kong) Limited account number: 012-875-2-190160-7 (Account name: Support Fund for Wang Fuk Court in Tai Po). The Hong Kong SFC has canceled the annual staff dinner in 2025 December with the budget to be donated to the Support Fund for Wang Fuk Court in Tai Po. The HKMA & HKAB have announced 6 emergency measures for affected residents with 28 retail & digital banks with 1) Special hotline, 2) 6-month pre-approval grace period for all personal loans including fee waivers, 3) Extended banking hours in Tai Po, 4) Expedited processing for bank matters & replacements, 5) Access liquid funds with alternate identification methods, 6) Assist insurance claims. Donations – Li Ka Shing Foundation HKD 80 million, Lee Shau Kee Foundation HKD 30 million, Jack Ma Foundation HKD 30 million, Ng Teng Feng Foundation HKD 20 million, Chow Tai Fook Group HKD 20 million, WensFoodstuff HKD 40 million, Tencent Charity Foundation HKD 30 million, China Merchants Group HKD 20 million, AIA Hong Kong HKD 20 million, HKEX Foundation HKD 10 million, Anta HKD 30 million, UBS Optimus Foundation HKD 10 million, DBS Bank 10 million, HongShan Capital HKD 10 million, EQT Asia Chair Jean Salata family office Central Cove HKD 10 million, Alibaba HKD 20 million, SF Holding HK 20 million, CATL HKD 15 million, Hong Kong Airlines HKD 10 million, Ant Group HKD 10 million, Xiaomi HKD 10 million, ByteDance HKD 10 million, BYD HK 10 million, Geely HKD 10 million, Xpeng HKD 5 million, NetEase HKD 10 million, Trip.com HKD 10 million, Lenovo HKD 10 million, Midea Group HKD 10 million, PDD HKD 10 million, Shangri-la Group HKD 10 million, Apple (TBA). HKD 10 million is equivalent to $1.28 million … … The Hong Kong Tai Po Wang Fuk Court fire started on 26/11/25 with at least 128 people killed & more than 200 people missing (29/11/25).
Hong Kong Tai Po Wang Fuk Court Fire (26/11/25) Donations: Li Ka Shing Foundation HKD 80 Million, Lee Shau Kee Foundation HKD 30 Million, Jack Ma Foundation HKD 30 Million, Ng Teng Feng Foundation HKD 20 Million, Chow Tai Fook Group HKD 20 Million, WensFoodstuff HKD 40 Million, Tencent Charity Foundation HKD 30 Million, China Merchants Group HKD 20 Million, AIA Hong Kong HKD 20 Million, HKEX Foundation HKD 10 Million, Anta HKD 30 Million, UBS Optimus Foundation HKD 10 Million, DBS Bank 10 Million, HongShan Capital HKD 10 Million, EQT Asia Chair Jean Salata Family Office Central Cove HKD 10 Million, Alibaba HKD 20 Million, SF Holding HK 20 Million, CATL HKD 15 Million, Hong Kong Airlines HKD 10 Million, Ant Group HKD 10 Million, Xiaomi HKD 10 Million, ByteDance HKD 10 Million, BYD HK 10 Million, Geely HKD 10 Million, Xpeng HKD 5 Million, NetEase HKD 10 Million, Trip.com HKD 10 Million, Lenovo HKD 10 Million, Midea Group HKD 10 Million, PDD HKD 10 Million, Shangri-la Group HKD 10 Million, Apple (TBA), HKD 10 Million is Equivalent to $1.28 Million
29th November – Hong Kong Tai Po Wang Fuk Court Fire (26/11/25) Donations – Li Ka Shing Foundation HKD 80 million, Lee Shau Kee Foundation HKD 30 million, Jack Ma Foundation HKD 30 million, Ng Teng Feng Foundation HKD 20 million, Chow Tai Fook Group HKD 20 million, WensFoodstuff HKD 40 million, Tencent Charity Foundation HKD 30 million, China Merchants Group HKD 20 million, AIA Hong Kong HKD 20 million, HKEX Foundation HKD 10 million, Anta HKD 30 million, UBS Optimus Foundation HKD 10 million, DBS Bank 10 million, HongShan Capital HKD 10 million, EQT Asia Chair Jean Salata family office Central Cove HKD 10 million, Alibaba HKD 20 million, SF Holding HK 20 million, CATL HKD 15 million, Hong Kong Airlines HKD 10 million, Ant Group HKD 10 million, Xiaomi HKD 10 million, ByteDance HKD 10 million, BYD HK 10 million, Geely HKD 10 million, Xpeng HKD 5 million, NetEase HKD 10 million, Trip.com HKD 10 million, Lenovo HKD 10 million, Midea Group HKD 10 million, PDD HKD 10 million, Shangri-la Group HKD 10 million, Apple (TBA). HKD 10 million is equivalent to $1.28 million. Earlier, the Hong Kong government launched a Support Fund for Wang Fuk Court in Tai Po with $38.5 million (HKD 300 million) & designated Bank of China to receive donations. 1) Hong Kong Dollar: Bank of China (Hong Kong) Limited account number: 012-875-2-190159-7 (Account name: Support Fund for Wang Fuk Court in Tai Po); 2) Renminbi and other currencies: Bank of China (Hong Kong) Limited account number: 012-875-2-190160-7 (Account name: Support Fund for Wang Fuk Court in Tai Po). The Hong Kong SFC has canceled the annual staff dinner in 2025 December with the budget to be donated to the Support Fund for Wang Fuk Court in Tai Po. The HKMA & HKAB have announced 6 emergency measures for affected residents with 28 retail & digital banks with 1) Special hotline, 2) 6-month pre-approval grace period for all personal loans including fee waivers, 3) Extended banking hours in Tai Po, 4) Expedited processing for bank matters & replacements, 5) Access liquid funds with alternate identification methods, 6) Assist insurance claims … … The Hong Kong Tai Po Wang Fuk Court fire started on 26/11/25 with at least 128 people killed & more than 200 people missing (29/11/25).
Support Fund for Wang Fuk Court in Tai Po
The Hong Kong Special Administrative Region Government set up a “Support Fund for Wang Fuk Court in Tai Po” with a start-up capital of $300 million dollars to render assistance to residents of Wang Fuk Court and support all relevant works. The Support Fund will receive donations from individuals and private organisations. Details of the relevant designated accounts are as follows:
- Hong Kong Dollar: Bank of China (Hong Kong) Limited account number: 012-875-2-190159-7 (Account name: Support Fund for Wang Fuk Court in Tai Po)
- Renminbi and other currencies: Bank of China (Hong Kong) Limited account number: 012-875-2-190160-7 (Account name: Support Fund for Wang Fuk Court in Tai Po)
Hong Kong Tai Po Wang Fuk Court Fire (26/11/25): Hong Kong Government Launches Support Fund for Wang Fuk Court in Tai Po with $38.5 Million (HKD 300 Million) & Designated Bank of China to Receive Donations, Hong Kong SFC Cancels Annual Staff Dinner in 2025 December with Budget to be Donated, HKMA & HKAB 6 Emergency Measures for Affected Residents with 28 Retail & Digital Banks 1) Special Hotline, 2) 6-Month Pre-Approval Grace Period for All Personal Loans Including Fee Waivers, 3) Extended Banking Hours in Tai Po, 4) Expedited Processing for Bank Matters & Replacements, 5) Access Liquid Funds with Alternate Identification Methods, 6) Assist Insurance Claims, Fire Started on 26/11/25 with at Least 128 People Killed & More than 200 People Missing
29th November – Hong Kong Tai Po Wang Fuk Court Fire (26/11/25) – The Hong Kong government has launched a Support Fund for Wang Fuk Court in Tai Po with $38.5 million (HKD 300 million) & designated Bank of China to receive donations. 1) Hong Kong Dollar: Bank of China (Hong Kong) Limited account number: 012-875-2-190159-7 (Account name: Support Fund for Wang Fuk Court in Tai Po); 2) Renminbi and other currencies: Bank of China (Hong Kong) Limited account number: 012-875-2-190160-7 (Account name: Support Fund for Wang Fuk Court in Tai Po). The Hong Kong SFC has canceled the annual staff dinner in 2025 December with the budget to be donated to the Support Fund for Wang Fuk Court in Tai Po. The HKMA & HKAB have announced 6 emergency measures for affected residents with 28 retail & digital banks with 1) Special hotline, 2) 6-month pre-approval grace period for all personal loans including fee waivers, 3) Extended banking hours in Tai Po, 4) Expedited processing for bank matters & replacements, 5) Access liquid funds with alternate identification methods, 6) Assist insurance claims … … The Hong Kong Tai Po Wang Fuk Court fire started on 26/11/25 with at least 128 people killed & more than 200 people missing (29/11/25).
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