In connection with the official opening of Huanggang Port on 12 October 2026, the Hong Kong Special Administrative Region (SAR) government has entered into a market agreement with 45 insurers to extend the scope of coverage of their existing mandatory motor and employees' compensation insurance policies to the Huanggang Port Hong Kong Port Area (HKPA).
The agreement covers insurance policies required under section 4 of the Motor Vehicles Insurance (Third Party Risks) Ordinance (Cap. 272) and section 40 of the Employees’ Compensation Ordinance (Cap. 282) respectively.
The effective date is 31 July 2026, the day the Huanggang Port HKPA Ordinance (Cap. 659) came into operation.
The market agreement was signed between the Financial Services and the Treasury Bureau (FSTB) and individual insurers to expand the geographical limit under the existing mandatory motor and employees’ compensation insurance policies to cover the HKPA without incurring any extra cost to policyholders. This arrangement is similar to that made in 2007 for the Shenzhen Bay Port HKPA.
A spokesperson for the FSTB said that this proactive collaboration of the FSTB with the Insurance Authority and the insurance industry eliminates potential public confusion by reaching a market agreement prior to the opening of the HKPA.
When the Huanggang Port HKPA Ordinance came into operation, insurance policies, being private contracts, were not automatically extended to cover the area upon commencement.
The Hong Kong Federation of Insurers also released a statement welcoming the extension of insurance coverage to the Huanggang Port HKPA.