Uniting top insurers
To safeguard global maritime trade

Established with the full support of the leading industry players of Hong Kong, we provide high-capacity, locally underwritten war risks coverage for hull & machinery, protecting shipowners, charterers and operators - particularly in Hong Kong, Mainland China and across Southeast Asia.

Hong Kong Marine War Risks Insurance Pool - the dedicated war risks pooling facility, officially launched on 17 November 2025 during Hong Kong Maritime Week 2025. Operated through a collaboration of leading Hong Kong insurers, the pool aims to build a localized insurance mechanism specializing in war risks, enhancing Hong Kong's influence in the international marine insurance market.

Combining regional maritime resources to build a robust risk protection network

The Hong Kong Government is committed to upholding Hong Kong’s position as an international maritime centre. This is also firmly supported by the Central Government in their “Outline of the 14th Five-Year Plan for National Economic and Social Development of the People’s Republic of China” and the “Greater Bay Area Outline Development Plan”. The creation of a Hong Kong Marine War Risks Pool will further promote Hong Kong as a leading international maritime centre.

China owns the largest bulker fleet, both in terms of number of vessels and vessel values. China also own the largest number of tankers and containers. Hong Kong has the available resources to develop a specialized war facility to support local and Mainland China shipowners. Unique advantages of Hong Kong to develop a war pool:

Market Scale
Market Scale
Largest ship owning community (China and Hong Kong combined)
Currency Advantages
Currency Advantages
Unique position of being a Chinese Renminbi offshore centre and the Hong Kong Dollar lnking with the US Dollar.
Legal Infrastructure
Legal Infrastructure
Common Law system, which is a natural bridge to link the local war pool with international practices
Financial Capital
Financial Capital
Recognized financial centre, free flow of money

The Hong Kong War Risks Pool is governed by a robust organizational framework led by the Committee Board, which maintains primary decision-making authority and oversees the Pool's general direction. This governing body is closely supported by the Advisory Committee, a specialized group that provides essential strategic guidance and expert advice to ensure the board remains adaptive to the complex global maritime landscape.

The central management and day-to-day operations are orchestrated by Alliance Risk Transfer Limited, acting as the Manager to bridge high-level strategy with operational execution across five specialized pillars.

Organization Chart
Committee Board

The Committee Board of the Hong Kong Marine War Risks Insurance Pool operates under the oversight of the Hong Kong Insurance Authority and comprises representatives from the Pool’s member insurers.

Mr. Pei-Leung Chan Chairman
Mrs. Winnie Wong Vice Chairman
Mr. Yibiao Xu Committee Member
Mrs. Fang Fang Committee Member
Mr. Zhan Wang Committee Member
Mrs. Miao Zhang Committee Member
Advisory Committee

The Advisory Committee of the Hong Kong Marine War Risks Insurance Pool comprises seasoned professionals from the marine, shipping, and insurance industries.

Under Updating...

Participating Insurers Details
Asia Insurance Company Limited

Asia Insurance Company Limited is one of the leading general insurers in Hong Kong and Macau. Asia Insurance take pride in their broad range of insurance products, providing tailored and flexible solutions focusing on coverage and care. Their goal is to help their clients protect what is important to them.

With people as their focus, their experts offer reliable advice and responsive and dedicated customer services through their agents, brokers, and business partners.

Participating Insurers Details
China Pacific Insurance (Hong Kong) Company Limited

China Pacific Insurance (Hong Kong) Company Limited was established in Hong Kong in April 1994 with the approval of the State Council of the People's Republic of China and the consent of the Hong Kong Government, as an investment by China Pacific Insurance (Group) Co., Ltd. In March 2025, it became a wholly-owned subsidiary of China Pacific Property Insurance Co., Ltd. The company has a registered capital of HKD 250 million. Since 2014, it has been assigned an 'A-' long-term insurer financial strength rating with a stable outlook by Standard & Poor's.

Participating Insurers Details
China Taiping Insurance (HK) Company Limited

China Taiping Insurance (HK) Company Limited (“TPHK”), formerly known as The Ming An Insurance Co. (H.K.) Ltd., was incorporated in Hong Kong in September 1949.

China Taiping are the main overseas property insurance company of China Taiping Insurance Group (HK) Company Limited (hereinafter referred to as “China Taiping”). With our long history and strong capital base, China Taiping are firmly committed to providing comprehensive general insurance services to our customers.

Participating Insurers Details
CMB Wing Lung Insurance Company Limited

Incorporated in 1981, CMB Wing Lung Insurance Company Limited (“CMBWLI”) is a general insurance company in Hong Kong jointly held by China Merchants Financial Holdings Limited and CMB Wing Lung Bank Limited. The two shareholders of CMBWLI are both members of the China Merchants Group (“CMG”) which currently has two companies on the Fortune Global 500 List.

Participating Insurers Details
The People's Insurance Company of China (Hong Kong) Limited

The People's Insurance Company of China (Hong Kong) Limited is an insurance company with all 17 property insurance business licenses in the general insurance market of Hong Kong. The company’s business scope covers general insurance businesses such as property, ships, freight, automobiles, credit guarantees, aerospace, accidental health, general legal liabilities, etc. The product system is professional and comprehensive, and its business covers mainland China, Hong Kong, Macau, Taiwan, Southeast Asia and Other countries and regions along the “Belt and Road” and radiate the world.

Manager Details
Alliance Risk Transfer Limited (ART) – Hong Kong’s Premier MGA

Established in 2020, ART is a leading Managing General Agent (MGA) in Hong Kong, backed by top insurers with "A" ratings, ensuring financial strength and reliability.

Based in Hong Kong, ART focused on serving local clients in China, East Asia, and Southeast Asia through a regional partner network. Our unique position allows us to combine our accumulated international specialty expertise with deep regional knowledge, ensuring our clients receive world-class protection that understands local nuances.

Members
Asia Insurance Company Limited
China Pacific Insurance (Hong Kong) Company Limited
China Taiping Insurance (HK) Company Limited
CMB Wing Lung Insurance Company Limited
The People's Insurance Company of China (Hong Kong) Limited
Manager
Alliance Risk Transfer Limited (ART)
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