China Taiping Insurance Holdings, whose Hong Kong subsidiary faces massive claims related to the Tai Po fire in November, is expected to post strong annual profit on an investment gain, according to a filing to the Hong Kong stock exchange on Monday.
Fitch Ratings, however, warned that the insurer’s earnings in 2026 could be affected by large claims related to the Wang Fuk Court inferno, the worst fire in Hong Kong in seven decades that killed 168 people, injured 79 and left an estimated 4,000...
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