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Stock impact report

Huize Holding Limited Reports Fourth Quarter and Full Year 2024 Unaudited Financial Results [Yahoo! Finance]

Huize Holding Limited - American Depositary Shares (HUIZ) 
Company Research Source: Yahoo! Finance
technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Full Year 2024 Financial and Operational Highlights Record-high insurance premiums: Gross written premiums (“GWP”) reached a record high of RMB6,158.6 million for the full year of 2024, compared to RMB5,800.9 million for 2023. First year premiums (“FYP”) also hit an all-time high of RMB3,421.0 million in 2024, up 30.5% year-over-year, primarily fueled by robust demand for our long-term savings products, our solid omnichannel distribution capabilities, and our proactive expansion into international businesses. International businesses as new growth driver: Total revenue of our international businesses grew to RMB228.7 million in 2024. International revenue contribution reached 18% for the year ended 2024, on track in achiev Show less Read more
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