Experts explore marine insurance outlook as Hong Kong bolsters maritime hub status

On 26 January 2026, at the Asian Financial Forum ("AFF"), the Insurance Authority ("IA") hosted a panel discussion titled ‘Charting Future Seas: Hong Kong’s Maritime Prospects for Insurance’. Experts from insurance and professional services explored Hong Kong’s strengths, challenges, and strategic opportunities within the evolving marine insurance landscape.

Mr. Clement Lau, panel moderator and Executive Director of Policy and Legislation at the IA, underscored that marine insurance is crucial for Hong Kong’s strategic positioning as an international financial, shipping, and trade hub. He stressed the necessity of a strategic and forward-looking approach amidst a shifting global trade landscape.

The panelists identified three core elements essential for the sustainable growth of Hong Kong’s marine insurance market: talent development, technological innovation, and industry synergies. They emphasized the importance of cultivating professionals with specialized knowledge in niche areas of marine risk.

They also underscored the need for proactive responses to rapid technological advancements in the shipping industry and the global trend towards supply chain digitalization to maintain competitiveness. Additionally, fostering stronger synergies across Hong Kong’s diverse maritime services was highlighted to enhance the marine insurance ecosystem.

Mr. Lau concluded that while targeted policy support and recent developments are in place, more coordinated and collaborative efforts among stakeholders are necessary. These efforts will drive the marine insurance sector’s growth and alignment with the national dual circulation strategy.

For full program details and additional information about the IA’s breakout panel discussion, please visit here.