ZhongAn Online P & C Insurance Co., Ltd (HK:6060) has released an update.
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ZhongAn Online P & C Insurance Co. has entered into an Auto Co-insurance Cooperation Agreement with Ping An P&C to provide auto co-insurance products to the public, starting from January 1, 2025. This partnership involves Ping An P&C handling co-insurance duties, including claims processing, while ZhongAn will manage the payments. The transaction, due to its significant shareholder involvement, requires independent shareholder approval under Hong Kong’s listing rules.
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