Less than half a year after the pilot project, Guangzhou housing insurance has insured more than 30000 square meters of security funds totaling more than 100 billion yuan

The picture shows the release site of the 2023 Guangzhou Construction Project Insurance Risk Management Development Report and the Code for Construction Project Insurance Risk Management Service (Guangzhou local standard).

Nandu News reporter Wei Kai, since Guangzhou officially piloted the housing safety insurance system in December last year, as of the end of March this year, there have been 159 cumulative insurance projects for potential defects in the quality of construction projects in the city, covering 33.88 million square meters of building area, and providing more than 115 billion yuan of risk protection. The above data was disclosed in the 2023 Guangzhou Construction Project Insurance Risk Management Development Report released on April 26.

In recent years, the continuous collapse accidents around the country have sounded the alarm bell of housing quality and safety, and also highlighted the necessity of establishing a housing safety insurance system. In order to implement the "establishment of a full life cycle management mechanism for housing from development and construction to maintenance and use" proposed by the Ministry of Housing and Urban Rural Development, Guangzhou also issued the "Implementation Plan of Guangzhou Urban Housing Safety Insurance System" not long ago, proposing to establish and implement the urban housing safety insurance system, and systematically design the housing safety insurance system for different types of urban housing in different states, Eliminate potential risks and prevent collapse accidents, fire safety accidents and falling off accidents of glass curtain wall and exterior wall of the main structure and its auxiliary facilities.

Since the pilot work was launched in December last year, the housing safety insurance system in Guangzhou has progressed smoothly. On April 26, the 2023 Guangzhou Construction Project Insurance Risk Management Development Report issued by the Guangzhou Construction Project Insurance Risk Management Association also disclosed the progress of the pilot project: by the end of March 2024, the insurance market size of potential defects in construction project quality in Guangzhou ranked second in the country, with a total of 159 insured projects and 33.88 million square meters of insured floor space, The amount of risk guarantee provided exceeded 115 billion yuan.

At the press conference of this report, Yang Jiehua, the first level researcher of the Municipal Bureau of Housing and Urban Rural Development, also said that the risk management industry of Guangzhou construction projects has developed rapidly and has a good momentum in the recent years, and its influence in the country is growing. By formulating local standards and creating service benchmarks, it can quickly summarize experience and lead the development direction. In the future, Guangzhou will focus on the deployment of the Ministry of Housing and Urban Rural Development, Continuously innovate in combination with local conditions to promote high-quality development of urban and rural construction in the city.

In addition to releasing the 2023 annual report, the press conference also released the Code for Construction Project Insurance Risk Management Services (Guangzhou local standard). This standard is the first service standard for risk management of construction project insurance in China. Its main content is to standardize the risk assessment and management process in the process of building housing insurance. This standard is also one of the components of Guangzhou housing safety insurance system.