Staff Reporter
,
Hong Kong
It is majorly owned by Tencent.
Tencent-backed FuSure Reinsurance has received a general professional reinsurer licence from the Hong Kong Insurance Authority (IA), according to media reports.
Whilst based in the city, FuSure will underwrite globally and is expected to push for technological innovation across Hong Kong’s insurance sector.
With an initial capitalisation of HK$1bn ($129m), FuSure is 85.01% owned by Tencent, with the remaining 14.99% is held by private investment firm Grand Azure.
Join
Insurance Asia
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!