Reinsurance News
ZhongAn Insurance
AM Best revises digital insurer ZhongAn’s outlooks to positive
19th November 2025
Credit rating agency AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ZhongAn Online P & C Insurance Co., Ltd. (ZhongAn) (China). These credit moves reflect ZhongAn’s balance sheet strength, assessed ... Read the full article
ZhongAn unveils roadmap for AI and AIGC integration into insurance sector
12th July 2023
ZhongAn, China's first online-only insurance company, has unveiled a roadmap to transition from digital intelligence to artificial intelligence (AI). This transition, the insurer stated, is set to revolutionise the entire process of the sale and management of insurance, paving the way for an entirely new insurance infrastructure. Aiming to integrate AI into ... Read the full article
ZhongAn: Artificial intelligence an essential strategic asset for insurers
1st June 2023
ZhongAn Insurance and ZhongAn Technology have released China’s first-ever white paper on generative artificial intelligence (AI) technology, which is predicted to emerge as an essential strategic asset for insurance companies in the future. The ‘AIGC/ChatGPT Insurance Industry Application White Paper’ provides an in-depth analysis of more than 30 specific areas where ... Read the full article
ZhongAn reports $85m profit for 2020
24th March 2021
China’s largest online-only insurer ZhongAn has announced net profit of RMB 554 million (USD 84.9 million) for 2020, with performance driven by its health and digital lifestyle ecosystem. Over the year, ZhongAn Online's total gross written premiums (GWP) rose 14.2% year-on-year to RMB 16,705.9 million. ZhongAn Online's operating metrics also improved as ... Read the full article
ZhongAn eyeing insurtech expansion in Asia, belt & road countries
30th December 2019
China’s largest online-only insurer ZhongAn sees as an abundance of opportunities to export insurance technology across Asia and various Belt and Road countries. Bill Song, Chief Executive Officer of ZA Tech Global Limited, an operating entity established by ZhongAn, has noted the firm’s strong track record in China in terms of ... Read the full article
ZhongAn announces tech-driven partnership with Sompo Japan
26th September 2018
ZhongAn International, a subsidiary of China’s largest online-only insurer ZhongAn Online P&C Insurance, has entered into a partnership with Sompo Japan Nipponkoa aimed at providing a cloud-based, end-to-end insurance service. Through the new partnership, ZhongAn International will be expected to help Sompo, one of Japan's largest insurers, approach digital transformation; increasing ... Read the full article
Focus on emerging ecosystems supports growth at ZhongAn Online in H1
29th August 2018
China's largest online-only insurance company, ZhongAn Online P&C Insurance Co., Ltd., has recorded solid growth during the first-half of 2018, driven by its increased focus on "emerging ecosystems" and growing demand among the younger generation. The internet-based InsurTech firm recorded total premiums of RMB 5,148.2 million (US$756.4 million) during the first ... Read the full article
ZhongAn receives overseas InsurTech investment from Softbank Vision
20th August 2018
ZhongAn International, a subsidiary of China’s largest online-only insurer ZhongAn Online P&C Co., has entered into a Shareholder Agreement with Japanese technology & telecoms investor SoftBank Vision Fund to help expand ZhongAn’s InsurTech solutions businesses in overseas markets. The agreement will see ZhongAn establish a new operating entity to partner with SoftBank ... Read the full article
ZhongAn partners with Orig3n on new healthtech offerings
3rd August 2018
China’s largest online-only insurer, ZhongAn, has partnered with Boston-based biotech company Orig3n in a move that brings new healthtech solutions to its 500 million Chinese customers. Having previously raised $1.5 billion during its oversubscribed IPO on the Hong Kong stock exchange in late 2017, ZhongAn was the first online-only insurer in ... Read the full article
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