Reinsurance News
WeSure
Tencent applying for reinsurance license in China: Report
28th October 2020
Giant Chinese technology conglomerate and fintech company Tencent is applying for a license to operate a reinsurance entity in China, according to reports in local media. It's a natural step for the company which has already expanded successfully into direct to consumer insurance business. Tencent has leveraged its deep connections with customers ... Read the full article
Free coronavirus cover offered by insurtech WeSure
17th February 2020
WeSure, the insurance platform launched by Chinese multinational conglomerate Tencent in 2017, says over 100,000 medical professionals across the country signed up to its free coronavirus cover. The company has been active in establishing partnerships and products designed to tackle Covid-19, with one plan advertising up to £65,000 of protection for ... Read the full article
WeSure insurance platform from Tencent hits 55mn users
12th December 2019
WeSure, the insurance platform launched by Chinese multinational conglomerate Tencent in 2017, has announced that it now has a user base of more than 55 million, and has insured over 25 million users. The platform, which forms part of the popular WeChat messaging application in China, also has an average premium ... Read the full article
Chinese InsurTech firm WeSure partners with 20 re/insurers
23rd November 2018
WeSure, the insurance platform owned by Chinese investment conglomerate Tencent, has expanded its line of products and formed partnerships with 20 insurance and reinsurance companies. The firm's platform is hosted in the WeChat Mini Program ecosystem, part of Tencent's Chinese multi-purpose messaging application that has more than one billion monthly users. WeSure ... Read the full article
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