ZhongAn establishes offshore arm with eye on global expansion
China's largest online-only insurer ZhongAn has sown a seed to expand internationally, establishing an offshore arm.The offshore venture, which is being established in partnership with Hong Kong-based Sinolink Worldwide Holdings, has been established to allow for greater investments in global financial and insurance technology. The move is reportedly in response to China's “Belt and Road Initiative” which encourages Chinese companies to expand globally. 

China’s biggest online-only insurer says the establishment of its new offshore arm is a response to China’s Belt and Road Initiative