XPENG (NYSE: XPEV and HKEX: 9868), a leading Chinese smart EV company, has announced strategic partnerships with eight top insurance companies in China, including PICC Property and Casualty Co Ltd, Ping An Property & Casualty Insurance Co of China Ltd, and China Pacific Property Insurance Co Ltd. This collaboration aims to introduce a smart insurance service program and related products, providing enhanced insurance coverage for car owners. The partnerships with leading insurers enable XP.
Chinese insurers are stepping up efforts to offer quick support following the crash on Monday of a China Eastern Airlines plane with 132 people aboard. They have begun verifying information on insured passengers and preparing compensation payments.
China has told top state insurers to perform urgent checks on their exposure to Russia and Ukraine, as concerns swirl about the damage to the two economies amid intense fighting, according to two. | March 4, 2022