Home / Hospitality

Tencent expands insurance footprint

By Wu Yiyao and He Wei in Shanghai | China Daily | Updated: 2017-10-13 08:01

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.

Tencent expands insurance footprint

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . 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