
March 4, 2023: Hong Kong, China: The top part of the 42-story hotel under construction which was destroyed in the massive fire on the late evening of Mar 2, 2023. Hong Kong is poised for what could be the city’s largest ever property related insurance payout in a single case after a massive class-4 fire engulfed Empire Group’s Kimpton Hotel scheduled to complete within this year. The massive fire has brought damages to neighboring buildings which include mansions, newly built office building and hotels. The claim could run from from 200 million HK Dollars to as much as 500 million HK Dollars. (Credit Image: © Liau Chung-ren/ZUMA Press Wire)
Scott Mc Kiernan, Founder & Editor-in-Chief, ZUMA Press
