Samsung Property & Casualty Insurance Company (China), Ltd.
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Samsung Property & Casualty Insurance Company (China), Ltd. - overview
Established
2005
Location
Shanghai, -, China
Primary Industry
Financial Services
About
Established in 2005 and based in Shanghai, China, Samsung Property & Casualty Insurance Company (China), Ltd. operates as a property insurance service provider dedicated to providing insurance services. It affiliated to South Korea's Samsung Group, and is a subsidiary of Samsung Fire & Marine Insurance. The company acquired A+ ratings from Standard & Poor’s and A.
M. In November 2020, Tencent Investment acquired a minority stake in Samsung Property & Casualty Insurance Company (China), Ltd. The company mainly provides car insurance quotations, car insurance services, car insurance claims, and other related insurance services. The car insurance quotes include corporate property insurance, employers' liability insurance, cargo transportation insurance, engineering insurance, group accident insurance, and vehicle insurance.
The target customers are individuals and businesses with car needs.
Current Investors
Tencent Investment
Primary Industry
Financial Services
Sub Industries
Claims Administration & Processing, Commercial Insurance, Personal Insurance
Website
www.samsunganycar.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Samsung Property & Casualty Insurance Company (China), Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Samsung Property & Casualty Insurance Company (China), Ltd. | - |
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Samsung Property & Casualty Insurance Company (China), Ltd. - employee data
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