STL meets with President of International Union of Marine Insurance (with photo)

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     The Secretary for Transport and Logistics, Ms Mable Chan, met with the President of the International Union of Marine Insurance (IUMI), Mr Frédéric Denèfle, and the Secretary General of the IUMI, Mr Lars Lange, today (November 18). Also attending the meeting were the Chairman of the Hong Kong Maritime and Port Development Board (HKMPDB), Dr Moses Cheng, and the Chief Executive of the Hong Kong Federation of Insurers (HKFI), Ms Selina Lau.

     Ms Chan welcomed the visit of leaders of the international marine insurance sector to Hong Kong. She said that the Hong Kong Special Administrative Region (HKSAR) Government attaches great importance to maintaining close ties with the global maritime industry and actively participates in meetings and exchange activities of the IUMI to keep abreast of the latest developments in the global shipping and marine insurance fields. Over the years, the IUMI has been committed to promoting the professional development and international standards of the global marine insurance industry, and has maintained good collaboration with the industry in Hong Kong. The IUMI established its first Asian hub in Hong Kong in 2016 to enhance support for marine insurance in the Asian region.

     She added that following the official establishment of the Hong Kong Shipowners Mutual Assurance Association at the World Maritime Merchants Forum 2025 Government Summit yesterday (November 17), she was pleased to note that the HKMPDB and the IUMI has further signed a Memorandum of Understanding on talent training for the marine insurance industry at an event co-organised by the IUMI and the HKFI during HKMW 2025 today. This will help enhance the industry's alignment with international standards, further elevate Hong Kong's international status in the field of high value-added maritime services, and promote the development of high value-added maritime professional training. In addition, the Maritime Services Traineeship Scheme - Marine Insurance under the Maritime and Aviation Training Fund has been launched to encourage insurance companies and insurance broker companies engaged in marine insurance business to provide internship opportunities for those aspiring to pursue a career in marine insurance.

     She added that 11 out of the 12 member associations of the International Group of Protection and Indemnity Clubs provide services in Hong Kong, evidencing the vibrancy and internationalisation of Hong Kong's marine insurance development. Hong Kong's advantages, including the "one country, two systems" principle, a bilingual common law system, a free economy and a simple and low tax regime, make it an ideal city for global maritime service enterprises to set up their businesses and provide quality maritime services for global shipping enterprises. The HKSAR Government will further promote the development of high value-added maritime services with a view to developing Hong Kong into a leading international maritime centre.

Ends/Tuesday, November 18, 2025
Issued at HKT 19:15

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The Secretary for Transport and Logistics, Ms Mable Chan (centre), met with the President of the International Union of Marine Insurance (IUMI), Mr Frédéric Denèfle (third right), and the Secretary General of the IUMI, Mr Lars Lange (second right), today (November 18). The Chairman of the Hong Kong Maritime and Port Development Board, Dr Moses Cheng (third left); the Commissioner for Maritime and Port Development and Deputy Secretary for Transport and Logistics, Miss Amy Chan (second left); the Chief Executive of the Hong Kong Federation of Insurers (HKFI), Ms Selina Lau (first right); and the Deputy Chairman of the Marine Insurance Association of the HKFI, Mr Timothy Lee (first left), also attended the meeting.