{"id":135087,"date":"2023-03-06T19:30:15","date_gmt":"2023-03-06T12:30:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hotel-fire-reinsurance-leaves-chinas-ping-an-only-23-per-cent-exposed-to-possible-us64-million-payout\/"},"modified":"2023-03-06T19:38:42","modified_gmt":"2023-03-06T12:38:42","slug":"hong-kong-hotel-fire-reinsurance-leaves-chinas-ping-an-only-23-per-cent-exposed-to-possible-us64-million-payout","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-hotel-fire-reinsurance-leaves-chinas-ping-an-only-23-per-cent-exposed-to-possible-us64-million-payout\/","title":{"rendered":"Hong Kong hotel fire: reinsurance leaves China\u2019s Ping An only 23 per cent exposed to possible US$64 million payout"},"content":{"rendered":"


\nA unit of China\u2019s biggest insurance group has confirmed it provides cover for the under-construction Kimpton Hotel that was engulfed by fire last week. However, reinsurance means it will pay about a quarter of the possible US$64 million claim.
\n
\nSource : South China Morning Post
\nRead more…Hong Kong hotel fire: reinsurance leaves China\u2019s Ping An only 23 per cent exposed to possible US million payout<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A unit of China\u2019s biggest insurance group has confirmed it provides cover for the under-construction...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-135087","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-z8P","jetpack-related-posts":[{"id":57060,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/road-king-partners-ping-an-to-expand-into-hong-kong-property\/","url_meta":{"origin":135087,"position":0},"title":"Road King partners Ping An to expand into Hong Kong property","date":"June 6, 2017","format":false,"excerpt":"\r Hong Kong-listed Road King Infrastructure, home builder and toll road operator which had focused on the mainland in the past 12 years, has returned to the city\u2019s propery market with an estimated investment of HK$7 billion (US$898 million) in two projects. 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Sunac China\u2019s Hong Kong-traded stock surged as much as 18 per cent in the morning, before scaling back to close 14.2 per cent up at HK$19.64.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95243,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-receives-80-per-cent-of-chinas-outbound-property-investment-in-second-quarter\/","url_meta":{"origin":135087,"position":2},"title":"Hong Kong receives 80 per cent of China\u2019s outbound property investment in second quarter","date":"August 2, 2018","format":false,"excerpt":"\r China\u2019s financial tightening has crippled outbound real estate investment this year to its lowest level since 2015, even as investment towards Hong Kong outperformed and the city emerged as the only bright spot. Mainland China\u2019s outbound real estate investment in the first six months dropped by 37 per cent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105895,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-sales-rise-by-64-3-per-cent-in-chongqing-the-barometer-of-chinas-national-market\/","url_meta":{"origin":135087,"position":3},"title":"Home sales rise by 64.3 per cent in Chongqing, the barometer of China\u2019s national market","date":"April 9, 2019","format":false,"excerpt":"\r The sales of new homes in the megacity of Chongqing in southwest China jumped by 64.3 per cent in March to 2.12 million square metres, according to consultancy Cric. 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