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Stock impact report

Huize Partners with New China Life Insurance to Launch “Bliss No.2” – A Customized Lifetime Annuity Insurance Product

Huize Holding Limited - American Depositary Shares (HUIZ) 
Company Research Source: GlobeNewswire
SHENZHEN, China, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that it has partnered with New China Life Insurance Company Limited (“NCI”) to launch “Bliss No.2”, a customized lifetime annuity product. This upgraded product is the latest addition to the “Bliss” series and is designed to meet the growing demand for diversified retirement solutions by providing flexible and stable financial planning, in response to China’s gradual retirement age extension. “Bliss No.2” offers several key value propositions: i) rapid cash value growth, where the policy’s cash value can potentially exceed the paid premiums within just 4-6 years, depending on the payment method chosen; ii) flexible annuity start times with options for payouts after 5 or 10 y Show less Read more
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