Baige flies into IPO on demand for its popular – but costly – insurance risk services
The company has filed to list in Hong Kong after substantially growing revenue in the last two years, but at very thin margins Key takeaways: Baige has filed for a…
INVESTOR VIEW: AIX is an underrated star in the AI insurance and health sectors
The company’s recent combination with BGM Group through an acquisition puts it in strong position to benefit from future integration of AI into the insurance business By Rucha Gupda…
In weak insurance market, Waterdrop finds solace in benevolence crowdfunding
The insurance broker’s net profit rose about 150% year-on-year in the third quarter, on the back of the strong performance for its crowdfunding business Key Takeaways: Waterdrop’s revenue increased just…
AI insurance acquisition offers big upside potential for diversifying BGM
The company plans to purchase Duxiaobao, an AI insurance platform developed in cooperation with Baidu and AIX Inc. By Rucha Gupda Today, I would like to share a stock…
Sunshine tries out asset leasing as insurance demand cools
The insurer has agreed to invest in a financial leasing company owned by Legend Holdings in an attempt to diversify its businesses Key Takeaways: Sunshine Insurance will acquire 39.9% of…
BRIEF: Prudential sees new business profits up 9-13% this year
Insurance company Prudential plc (2378.HK) on Wednesday said its annual premium equivalent (APE) sales increased by 10% year-on-year during the three months to September. It added its APE grew by…
Fanhua hits reset button, but has yet to say where exactly it’s going
The company will change its name from next month and installed a new chairman, as it tries to move beyond its original business in China’s heavily regulated insurance market Key…
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