Reinsurance News

FuSure Reinsurance

FuSure Reinsurance secures Composite License from Hong Kong

24th March 2025

FuSure Reinsurance has successfully secured a long-term insurance authorisation (Class A and Class D) from the Hong Kong Insurance Authority (HKIA) and upgraded its existing General Insurance operations into a Composite License. FuSure has reportedly established a core reinsurance business in the Greater China region since its inception in 2021. It ... Read the full article

Tencent-controlled FuSure assigned positive credit rating from AM Best

27th May 2022

Ratings agency, AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of the start-up reinsurer and Tencent-owned, FuSure Reinsurance Company Limited (FuSure). The outlook of these credit ratings is stable. The ratings reflect FuSure’s balance sheet strength, which AM Best assesses ... Read the full article

Tencent-controlled FuSure’s initial focus to be health reinsurance

2nd June 2021

Start-up reinsurer FuSure Reinsurance Company Limited, a joint venture controlled by Chinese technology conglomerate, Tencent Holdings Ltd., will have an initial focus on health reinsurance business in Greater China. It was announced yesterday that Tencent-backed FuSure had received a license to provide reinsurance services in Hong Kong. The new reinsurer is ... Read the full article

Tencent backed FuSure gets reinsurance license in Hong Kong

1st June 2021

FuSure Reinsurance Company Limited, a joint venture controlled by Chinese multinational technology conglomerate holding company, Tencent Holdings Ltd., has obtained a license to provide reinsurance services in Hong Kong. Established on May 25th, 2020 with HK 1 billion (approx. USD 129mn) of capital, FuSure Reinsurance is now able to underwrite general ... Read the full article

FuSure Reinsurance