ZhongAn Online P&C Insurance posted a profit of RMB94.5 million yuan (US$13.2 million) for the first half of 2019, marking the first time it has turned a profit since it went public in Hong Kong in 2017.
The tech-focused insurer, which focuses mainly on lifestyle consumption, motor, and consumer finance, had a gross written premium of RMB5.89 billion (US$820 million), up 14.5% year-on-year, a report by Shine News said.
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