The electric two-wheeler manufacturer is seeking to expand its revenue streams by leveraging its existing customer base to distribute insurance products under a composite corporate agent licence.
Disciplined underwriting and tight expense control kept the Hong Kong insurer’s net-net combined ratio at 90.3% in 2025 as motor, accident and health, and employees’ compensation business expanded.
Authorities warned against imposing uniform requirements on agents or suggesting contract terminations without sufficient consultation as the industry implements post-scandal reforms.
The insurer has also offered wider home cover in northern Western Australia and pledged A$20m (US$14m) for community resilience as it seeks ACCC approval.
The proposed transaction is expected to deepen cooperation between the companies across group medical and general insurance, subject to the satisfaction of multiple closing conditions.
