News China13 May 2022

Slower economic growth ominous for ZhongAn's underwriting gains in consumer finance

| 13 May 2022

ZhongAn Online P&C Insurance Co has raised its market presence on the back of strong business growth, notes Moody's Investors Service. The insurer's premium grew 22% in 2021, largely driven by the increase in its consumer finance segment.

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