News Non-Life02 Feb 2023

China:Electric vehicle maker working to acquire online insurance company

02 Feb 2023

Chinese electric vehicle (EV) giant BYD has confirmed that it is working on a potential acquisition of E An Property & Casualty Insurance Co (E An P&C), an online insurer that was seized by Chinese regulators in 2020 as part of a crackdown on financial conglomerates, reported Reuters.

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