China Non-Life Insurers See Big Drop in Car Accident Claims in Coronavirus Silver Lining March 12, 2020 By Sumeet Chatterjee and Cheng Leng Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak...
Singapore’s Grab Makes Foray into Insurance with Chubb as Provider: Opinion January 16, 2019 By Andy Mukherjee, Bloomberg Opinion After sending rival Uber Technologies Inc. packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab Pte. has...
China’s Online Insurer ZhongAn to Get Investment from SoftBank for Overseas Growth August 20, 2018 ZhongAn Online P&C Insurance Co. Ltd., the first internet-only insurer in China, announced its subsidiary ZhongAn International will receive a...
SoftBank Plans $400M Investment in Ping An’s Health-Care Portal: Sources January 22, 2018 By Crystal Tse and Vinicy Chan SoftBank Group Corp. is nearing a deal to invest about $400 million in Ping An Insurance (Group) Co.’s health-care portal...
China in Midst of Insurtech Boom: Opinion January 9, 2017 By Nisha Gopalan While China’s fintech boom continues unabated, another fast-growing phenomenon has gone almost unnoticed — so-called insurtech, the latest industry to...
Zhongan Online P&C Insurance Pulls H.K. IPO Plans; China Listing Eyed: Sources December 21, 2016 By Lulu Yilun Chen and Prudence Ho Zhongan Online P&C Insurance Co. scrapped plans for an initial public offering in Hong Kong or the U.S. and is...
China’s Online Insurer ZhongAn Launches Fintech Incubator November 4, 2016 ZhongAn Online Property & Casualty Insurance Co. Ltd., China’s first online insurance company, has launched a fintech innovation company. The...