国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Technology

Tencent expands insurance footprint

By Wu Yiyao and He Wei in Shanghai | China Daily | Updated: 2017-10-13 07:23
Share
Share - WeChat

Tencent Chairman and CEO Pony Ma Huateng attends 2017 China "Internet Plus" & Digital Economy Summit held in Hangzhou, Zhejiang province, April 20, 2017. [Photo/VCG]

Chinese internet giant Tencent Holdings has expanded its range of insurance offerings after an insurance agency backed by it got the necessary approval.

The internet giant of over 900 million users already has a presence in the life and property insurance sectors and an insurance agency.

According to analysts, the insurance sector is poised for more activity as there would be more services that would integrate internet-based technologies and insurance in the future. The rapid advent of financial technology and growing demand for protection in China would fuel more interest in the insurance segment, they said.

Weimin Insurance Agency, the Tencent-backed insurance agent firm, got the green light from the China Insurance Regulatory Commission on Wednesday. Tencent Holdings holds 57.8 percent stake in Weimin Insurance Agency, which has a registered capital of 200 million yuan ($30 million).

Users of Tencent's social networks tools, such as WeChat and instant messenger QQ, would soon find Weimin embedded in their frequently used applications.

Besides Weimin, Tencent has invested in Zhong An Insurance, which offers both life and non-life policies. Tencent Holdings holds some 12.1 percent of Zhong An, which got listed in Hong Kong on Sept 28. Tencent also holds a 20 percent stake in global life insurer Aviva and a 15 percent share in Hetai Life Insurance.

"Big internet companies will not miss the opportunities brought by fast expanding demand for fintech services, particularly internet-based insurance," said Chen Maochuan, an analyst with Analysis International, a consultancy and market information research provider.

"Internet companies aim to hold core assets, which are customer resources. They are not going to just stay as distributors. More moves will be made to fulfill demand in the entire supply chain of the insurance market," he said.

Other internet giants, such as e-commerce giant Alibaba Group Holding Ltd have been actively tapping the insurance market in recent years.

Alibaba-backed Ant Financial upgraded its insurance business group in 2016, creating an open platform that hosts some 80 insurance companies with more than 2,000 products. The company claimed that its insurance platform could reach 400 million people.

It also shares data with 18 insurers so that they can leverage these data for precise demand forecast and better risk control, said Xu Yan, operating general-manager of Ant Financial's insurance group.

For instance, the firm has launched a car insurance score ranging from 300 to 700, a range that is based on a car owner's user portrait and risk analysis.

"Demand for life insurance and non-life insurance will continue to expand fast in the next few years amid demographic changes, with more mobility and rising number of wealthy households that would need protection," said a research note from Zhongtai Securities.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
浦江县| 临洮县| 酉阳| 彰化县| 庄浪县| 西峡县| 拜泉县| 贡山| 南江县| 鄢陵县| 台南县| 万盛区| 敦化市| 镶黄旗| 资源县| 阳泉市| 怀化市| 天津市| 岑溪市| 红桥区| 海阳市| 灵台县| 永新县| 略阳县| 阿城市| 惠州市| 嘉义县| 崇明县| 大埔县| 岫岩| 利津县| 凭祥市| 桃园县| 绩溪县| 浦北县| 渭南市| 磐石市| 宿州市| 荆门市| 潮安县| 石阡县|