BYD Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/byd/ Mon, 06 May 2024 10:32:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 BYD arm gets regulatory greenlight to offer motor cover in China https://insuranceasianews.com/byd-arm-gets-chinese-regulatory-greenlight-to-offer-ev-insurance/ Mon, 06 May 2024 22:58:21 +0000 https://insuranceasianews.com/?p=153414 Shenzhen BYD P&C Insurance, owned by China's biggest EV maker, has been allowed to offer compulsory traffic accident liability insurance in seven provinces and in Shenzhen.

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The BYD has won China’s financial regulator's approval to offer compulsory traffic accident liability insurance in seven provinces and the municipality of Shenzhen, as China’s biggest electric vehicle...

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]]> BYD Auto to raise insurance arm’s registered capital by US$420m https://insuranceasianews.com/byd-to-increase-capital-by-us420m/ Thu, 13 Jul 2023 22:00:45 +0000 https://insuranceasianews.com/?p=129391 After the capital injection, BYD Property Insurance's registered capital will reach US$560m and the parent will maintain 100% shareholding.

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Chinese carmaker BYD Auto is set to infuse capital in its general insurance subsidiary, Shenzhen BYD Property Insurance, raising its registered capital to Rmb 4 billion (US$560 million) from Rmb 1 bil...

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