1. Does Hong Kong Law require all employers to take out insurance for their employees? Is there a statutory minimum amount for the sum insured?

Under the Employees' Compensation Ordinance (Cap. 282 of the Laws of Hong Kong), employers are required to take out employees' compensation insurance.

According to section 40 and schedule 4 of this Ordinance, the minimum amount of insurance coverage is:

• Where the number of workers in a company does not exceed 200, $100 million per event;
• Where the number of workers in a company is more than 200, $200 million per event;
• In the case of a principal contractor undertaking construction work, $200 million per event; and,
• In the case of a group of companies, $200 million per event.