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ZhongAn Online P&C Insurance Co (FRA:1ZO) Interest Received


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What is ZhongAn Online P&C Insurance Co Interest Received?

Interest Received only applicable to companies reporting Cash Flow from Operations in direct method.


ZhongAn Online P&C Insurance Co Business Description

Traded in Other Exchanges
Address
219 Yuanmingyuan Road, Shanghai, CHN
Headquartered in Shanghai, ZhongAn was founded by Ant Financial, Tencent, Ping An Insurance, and other well-known enterprises in 2013. The company is the first internet-based insurance company in China. It provides online underwriting and claim services through the internet without any offline branches. ZhongAn was listed in September 2017 in Hong Kong. Besides the online insurance segment, the company operates technology and banking segments. Its insurance technology segment exports digital operating system, middle platforms, and industry models to licensed financial players both domestically and overseas. Its banking segment, through Hong Kong-based virtual bank ZA Bank, offers similar services as traditional offline banks but without an offline presence.