FAST NEWS: ZhongAn’s gross written premium growth slows
The latest: Online insurer ZhongAn Online P & C Insurance Co. Ltd. (6060.HK) announced Wednesday its aggregate gross written premiums in the first eight months of this year totaled about 20.7 billion yuan…
ZhongAn rides China’s early 2023 upswing back to profits
The digital insurer says it returned to the black, as it clocked its fastest revenue growth since 2017 in the first seven months of this year Key Takeaways: ZhongAn expects…
Covid storm lifts for Waterdrop and Fanhua, as each eyes different path to new growth
The insurance brokers’ showed signs of improvement in the fourth quarter, as Waterdrop revved up several new products and Fanhua made a new acquisition last month Key Takeaways: Waterdrop returned…
ZhongAn’s Insurance Sales Show Signs of Picking Up, But Challenges Remain
Data suggests growth in the digital insurer’s gross written premiums accelerated strongly in the second half of last year from the first half, but it continues to face numerous uncertaintiesKey…
Insurance Anyone? Fanhua Struggles to Sell New Policies in Omicron-hit China
Company’s stock dropped after it posted a first-quarter net loss and revenue decline, hit by Covid curbs in China Key takeaways: • Fanhua posted a 37% revenue decline and net…
Fanhua Feels the Pinch as Economic Slowdown Dampens Consumer Spending
Online insurance broker’s shares tumble after it reported a sharp drop in third-quarter profit amid jitters about China’s economic growth Key takeaways: • Fanhua reported its net income fell by…
