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INTRODUCTION

  The Motor Insurers’ Bureau of Hong Kong is a company incorporated in Hong Kong and limited by guarantee. It was incorporated in 1980 and commenced operations on February 1, 1981. All insurance companies in Hong Kong who are authorized by the Hong Kong Government to write motor vehicle insurance are required to be members of the Bureau.
   
   
  BACKGROUND
   
  Under the Motor Vehicles Insurance (Third Party Risks) Ordinance, all vehicles must be insured against claims for third party bodily injuries arising out of an accident involving the use of the vehicle on a road.
   
  Instances have arisen where victims of accidents have been unable to recover the damages awarded to them against the owner or driver of a motor vehicle, because of the lack of valid insurance or where some breach of the policy conditions would allow the insurer to repudiate his liability. In addition, there have been limited failures of certain insurers to meet their obligations under their policies due to insolvency.
   
   
  OBJECTIVE
   
 
 
    " The principal objective of the Bureau is to secure the satisfaction of claims made by the injured or his/her dependents in respect of liability for death or bodily injury which arises from the use of motor vehicles on the road, when the use of the vehicle is required to be covered by the Motor Vehicles Insurance (Third Party Risks) Ordinance. "  
       
         
   
 
   
   
 
         
 
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About Us

MIB

The Council

Member Companies

Performance Pledge

A Brief History

MIB Structure
CLAIMING COMPENSATION

Right to Claim

How we can help

Notes for Guidance

Claims Form
THE AGREEMENTS

Memorandum & Articles of Association

The First Fund
- Agreement (1 Feb,1981)
- Undertaking (29 Jun,1995)
- Supplemental Agreement (24 Jun,2002)

Domestic Agreement for the First Fund
- Agreement (1 Feb,1981)
- Memorandum (29 Jun,1995)
- Supplemental Deed (24 Jun, 2002)

The Insolvency Fund
- Agreement (13 Aug, 2009)

Domestic Agreement for the Insolvency Fund
- Agreement (1 Nov, 1985)
- Supplemental Deed (13 Aug,2009)

Deed of Undertaking for New Members
FINANCIAL STATEMENT

2019 Annual Report
2018 Annual Report
2017 Annual Report
2016 Annual Report
2015 Annual Report
2014 Annual Report
2013 Annual Report
STATISTICS

Claims Incurred
Types of Claims Incurred
Sizes of Claims Incurred
Frequency of Claims Incurred



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