Ant’s Xiang Hu Bao News

China’s Ant Financial Provides Health Coverage to 65 Million Clients for Pennies a Month

Ping An Insurance (Group) Co. employed about 1.4 million people to peddle policies last year. Yet it’s Jack Ma’s newest online disruptor that is stealing the show — with 50 workers and visions of serving 300 million customers. Ma’s Ant …

Ant Financial Aims to Disrupt Health Insurance with New Chinese Health ‘Collective’

Billionaire Jack Ma’s Ant Financial has done more than perhaps any company to disrupt China’s gargantuan banking and asset-management industries. Now it’s trying to re-imagine health insurance. Ant’s Xiang Hu Bao, which means mutual protection, has attracted 50 million people …