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Mitsui Sumitomo Insurance to help firms in China's Guangdong trade abroad


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Mitsui Sumitomo Insurance to help firms in China s Guangdong trade abroad
共同通信社
© 共同通信社
Japan s Mitsui Sumitomo Insurance Co. has developed a risk management scheme for companies in China s southern province of Guangdong to help their trade and investment abroad.
The risk management platform, developed by the company s wholly owned local subsidiary, Mitsui Sumitomo Insurance (China) Co., is intended to support Guangdong firms in cooperation with the provincial government s related departments, the Japanese nonlife insurer said Thursday.
Specifically, the platform allows Guangdong companies to collect overseas risk information and seek insurance cost estimates.
Insurance policies currently available under the scheme are liability insurance for products manufactured abroad and overseas travel insurance, with cargo marine insurance scheduled to be added in the future. ....

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Ping An Reports YoY Growth of 8.9% in Operating Profit Attributable to Shareholders of the Parent Company in Q1 2021


Press release content from PR Newswire. The AP news staff was not involved in its creation.
Ping An Reports YoY Growth of 8.9% in Operating Profit Attributable to Shareholders of the Parent Company in Q1 2021
April 22, 2021 GMT
HONG KONG and SHANGHAI, April 22, 2021 /PRNewswire/ Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An” or the “Group” or the “Company”, HKEX: 2318; SSE: 601318) today announced its first quarter financial results for the three months ended 31 March 2021.
In the first three months of 2021, China achieved strong results in the prevention and containment of the COVID-19 epidemic. Amid steady headline domestic economic recovery, Ping An’s traditional offline business development gradually resumed. However, demand for long-term protection business remained depressed as the underlying domestic economic recovery was not as strong, with domestic discretionary demand still recovering. Ping An adopted various forward ....

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