Zhong An seeks private financing of $1b

China’s first and largest online insurer will attract investors including CDH, Value Partners and Hillhouse in its first round of private financing.
"Three Ma-s" in Zhong An
"Three Ma-s" in Zhong An

Zhong An Online Property Insurance, the first and the largest online insurer by number of customers, is seeking up to $1 billion in a first private round of funding, two sources familiar with the situation said late Thursday.

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