Latest news with #WilliamLee
Yahoo
16-07-2025
- Business
- Yahoo
Why Nvidia, Microsoft and Google still dominate the AI trade
You can catch Trader Talk on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. Everyone wants in on AI, but few understand what is really driving the trade. In this episode of Trader Talk, Kenny Polcari sits down with William Lee, investor at SuRo Capital, to unpack the infrastructure powering the AI boom. From Nvidia's (NVDA) dominance to Microsoft's (MSFT) and Google's (GOOG, GOOGL) strategic positioning, Lee explains why these giants are still central to the AI story. The conversation also highlights emerging players like CoreWeave (CRWV) and Vast Data and why capital efficiency, not hype, will separate the winners from the noise. For investors chasing the next wave of innovation, this episode breaks down where the real opportunity lies. Watch more episodes of Trader Talk here. Trader Talk with Kenny Polcari on Yahoo Finance delivers expert analysis and actionable insights, empowering you to navigate market volatility and secure your financial future. Welcome to Trader Talk where we dish out the latest Wall Street buzz to keep your portfolio sizzling.I'm Kenny Polcari coming to you live from the Yahoo Finance headquarters in the heart of New York City, a global hub where deals are made, fortunes are built, and the next market move is always just around the corner. Coming up, I'll share my big take on AI and I'm gonna sit down with Suro Capital Research analyst William Lee, and I'm gonna share my pasta ala Norma recipe with you as well. Now, let's jump into my big a lot of noise right now around artificial intelligence. The headlines, hype it up, the new gadgets, chatbots, image generators, and all the buzzy AI apps landing in your app store. It's easy to dismiss the frenzy as just another tech fad, the latest toy for the Silicon Valley crowd to play with before moving on to the next shiny object. But here's the isn't another fleeting trend. It's not a gimmick. It's not a meme, and it's not just about chasing the next viral app. AI is a foundational technology like electricity, the internet, or the personal computer, that's already rewiring how industries at what's happening beneath the surface. AI is now powering logistics, networks, crunching medical data, building safer cars, scanning financial markets, and transforming everything from agriculture to manufacturing. Corporations aren't investing billions for a quick laying the groundwork for an entirely new economy. Companies like Nvidia, Microsoft, Google, and countless smallest players are racing to capture the infrastructure. The platforms and the intelligence that will drive productivity for let's be clear, none of this happens without massive investment in AI infrastructure. Data centers, semiconductor fabs, energy grids, advanced networking, these are the backbones of the new digital economy. The demand for power, security, and scalable cloud storage is exploding. The companies providing the pipes, chips, and protection for AI aren't just along for the ride. They are at the center of this tectonic gold rush isn't just in the apps, but in the picks and the shovels, the GPUs, the servers, the connectivity, and the cybersecurity that keeps it all running. You're missing the point if you think AI is just about chatbots and fun filters. This is about automating workflows, making more intelligent decisions, and unlocking value in places that we never thought possible. The winners in this space won't just sell software, they'll reshape what it means to the global economy. Bottom line, AI is in a passing phase. It's the backbone of the next era of business and society. Investors who treat it as a toy will be left behind. Those who see it as a new industrial engine and understand the importance of the infrastructure will own the Joining us today is William Lee, research analyst at Suro Capital, who focuses on identifying and supporting high growth opportunities in emerging technologies. Before joining Suro in 2021, William worked at Deloitte in Washington DC leading predictive analytics projects and building financial models for nonprofit clients. He holds a master's in psychology, focused on computational cognitive models and hasA deep academic background exploring how humans and machines make decisions. Please join me in welcoming William to the show. William, it's a pleasure, an absolute pleasure to have you today. I look forward to this, although I'm a little bit nervous about your second. Let's be real. It's a pleasure to meet you, Kenny, and to be here. Yeah, yeah. So listen, talk to me a little bit. Just give the, give the, uh, uh, the viewer just a little background on how your, your, uh, Deloitte led you into where you are today. Yeah, I mean, so it's not just the Deloitte training, but I think academia as a background, um as you focus on investments, they all sort of follow the same sort of idea, which is you have a thesis, and uh from there you have to have supporting arguments that you have to test. And so as erro Capital, when we go on investments, we look at sort of a very top down view. This is our thesis out there. This is where we think are sort of the core tenants, and then that's how we support our Is Sero just about technology and AI? No, so I can give you the the genesis of Cerro, which is actually quite fascinating. So when you think about early 2000s, you had companies like Amazon and Google that going public between 4 and 6 years. What Cerro started or the reason why Cerro started was that once you get to about that 2010 timeline, and you have the cloud and mobile revolution, companies are staying longer or private longer. So you have Airbnb, for example, those companies didn't go public until 10+ years after the company started. And so you have this gulf now of about 4 to 6 years where companies are accruing massive amounts of value in the private markets. And you know, public market investors or retail investors aren't getting access to that. So that's the reason why Sero started is to create a public vehicle so that uh retail investors, public market investors can get access to these private, privateinvestments, so as it relates to AI investing, what Ceril is sort of seeing and what I think everyone sort of saw with with mobile, is that there's all there's this huge wave of technology that's coming out that is extremely valuable, um, and, uh, especially with the boom of chat GPT at the late 2022, everybody knew that, you know, this is a transformative technology. What people, I think had a hard time even on the investing landscape, had a hard time trying to figure out is, OK, there's all these companies that are which of them are here to stay. So Cerro took the view of looking at the companies, uh, from the infrastructure layer, companies that would be supporting AI enablement, generative AI enablement, and so we made 3 big bets within the space, which was in OpenAI, core weave, and vast data. OK, and, and certainly OpenAI has now joined hands with Microsoft. Right. Core weave came public a month and a half ago, 2 months ago, and has done nothing but shoot straight higher, right, and continues actually there's a bunch of banks this morning that came out and launched coverage and they all have buy recommendations with, you know, 200+ price tags. I think it's trading 185 this morning. So they get that's a significant and it and that's up from where it came and, and so that's, and so that's exciting. And then the third one was which is a vast data. I don't know anything about vast data, so talk to us about that. Sowhen we look at the AI infrastructure layer, we think of sort of 3 key tenants. So you have the LLMs or the So that's our investment in OpenAI is that there's all these applications that are getting built on top of this core technology. And so we wanted to make an investment there. The second part is compute, right? So you need similar to cloud, you need to compute to make any of these applications run. AI is very unique in that you need a special type of be able to make that happen, which is these GPU clusters that are being built out uh on mass right now today. So that was our compute uh investment there. And then the third layer that we see or third pillar that we see is data, is that the way that our data infrastructure is set up right now was sort of set up to provide, you know, a good way to get consensus, so you don't have duplicate data, that data doesn't run into one another, um, but it wasn't built for for volume. And so what VAST is really doing, if you think of just to bring a concrete example, if our current data infrastructure is like a cross guard at an intersection telling which cars to go and which people to cross or which, which people can cross, that's sort of a slower way of doing things. You can think of VAS as providing sort of a high speed highway, so that the data is aware of where it should be going, their signage, people kind of can do that on their the data can move to the right place at the volume and speed that AI is requiring of it. Uh, explain something to me because I'm just fascinated by this other kind of phenomenon that happens when they talk about AI hallucination. And so explain to the, to the listener, to the viewer, what does that exactly mean? and then how do you prevent that from happening? Sure, so I think that's been a focus right now of a lot of uh enterprise uh AI agents, enterprise applications is this idea of hallucinations. So the idea is that, you know, the uh AI is trying to make assumptions or the large language models trying to make assumptions based on its training and a lot of different parameters that it has. Right. And so sometimes it, because it's not hard rules and hard facts about can sometimes make things up. And so what you makes things up, right? Right. Exactly. Orthat's that's the hallucination, right? So we understand when it makes it up, that's called the hallucination. Exactly. It'll convince itself that it's correct. It's correct, right? Because it's using a lot of generally soft or harder rules, but not like very hardline rules that like this is the truth about the world, you see a lot of companies and where it's really exciting is that a lot of companies are trying to build, you know, these guardrails, ways to make enterprise applications more reliable. And so that's a huge investment area that I think, uh, will be burgeoning in the next couple of years. Well, because it's interesting because to your point, you just said it makes itself believe that what it says is true. And if somebody's using the AI who doesn't the person reading it is gonna say, OK, this must be true, right, right. So how does the person recognize that it's a hallucination or they don't? So I think this is where you saw and uh what was, I think an improvement in sort of Google's searches at at points in time where uh folks were using AI to get an initial start on sort of a research query that they they would subsidize it because they're like, hey, some of these things I want to double check, or some things I want to even go deeper into. And so you see sort of like an acceleration of sort of both sides of people using AI to sort of help them get started or go deep, and then also subsidizing that that research as well. Yeah, because I think it's just fascinating. And I think, you know, sometimes people will use chat GBT and then they'll cross-check it against Grok or they'll cross-check it against perplexity or one of the other chat, uh, you know, chatbot services, right? Uh, to see whether or not it's getting the same response. And in fact, it won't get the same response because all these differentAll these different services are trained different ways. Am I correct? And there's a different database actually, or a different learning model. Yeah, theyhave different parameters, different sort of settings, um, that are associated with the model, like you're exactly saying that would cause it to give different answers, different answers. OK, hold on one second because we're gonna take a break, but we'll be right so let's just pick that up from where we let off, that the that the that the hallucinations are gonna give or the models are going to give different answers if you if you if you check it across three different models. And so how do you know ultimately as the user where we are? Like what like what's true and what isn't true if you don't understand or know what you're lookingfor. Got it. I is the focus really trying to understand, yeah, a a theory or or, you know, say, say somebody'sI don't know, trying to write it, trying to look for, look to write a paper onHistory, let's just, let's just bring out history, right? I'm not sure there'd be many hallucinations in history, it's history, right? So let's not talk about that. So let's talk about if they're trying to write a paper, if they're trying to understand, uh, the, the, the, the state of play in the AI industry, right? Because I guess that's kind of a moving object, right? How does it know? Like, I don't necessarily know. I'm not that sophisticated yet in understanding. So how am I gonna know what's right and what's not right or I don't. I have to check. Do I have to actually check it against a human being and come to you and say, Will, help me out. Does this look right? Right, I think that there's folks that are, you know, looking and understanding that some of these uh responses, you know, aren't always accurate, but what you're seeing is a massive acceleration, at least as these AI models are getting better, that those errors are becoming less and less frequent, right? And I think what is happening, and at least what we're seeing on the investment that a lot of money right now and focus is going into making these AI models or tools enterprise ready, which is less mistakes, trying to set up guardrails, hard rules so that it can give you accurate answers that you can trust and feel comfortable launching uh within your enterprise. So do you have faith? Do you think that that's actually possible? Yeah, I mean, if you think about uh Chachi BT back in 2022, it was a really exciting technology. There was a lot of challenges with it, um, but what you're seeing is that's as, you know, as bad as that technology will get, right? From that point on, things have only improved exponentially. And so you can, it's not hard to imagine that in a year, 2 years, 3 years from now, those types of errors that you're seeing will well, basically not be non-existent. So tell me, let's talk about Suro for a minute and let's talk about what are the areas that Suro finds beyond LLMs that's going to get investor intention, you know, the second half of this year, next year, the year after. Yeah, I mean, so I, I think we still have a very keen eye on AI infrastructure. So that is still the uh compute and data layer, uh, those two pillars. I think where we're starting to look beyond there now is moving up the stack. So now you'reLook at development operations or some of these key companies that are now coming out and seeing massive adoption of their platform. So take for example, uh open evidence. So they are basically a chat GBT or AI assistant for medical and academic professionals. They have had and they've come out and uh along with I believe Sequoia came out and said that they have about 14th of physicians using open evidence which is massive adoption of, of these types of, of these types of tools. And so where I think we're focusing a lot of our time is we're trying to find these tools, uh, either on the, uh, DevOps or infrastructure layer, or even on the application layer, where you're just seeing, like, it just, it just makes sense, right, that people are adopting it and it's easy to integrate into your productivity work lines. Well, I think that it's um um.I, I think it's amazing how, especially let's talk about the medical field. The medical field is adopting the use of AI in kind of analysis and, and, uh, interpretation of, of data, test results and kind of where they think this is going and how you this patient, yes, right? And I think that Brian, I know Brian Sazi did a piece today with uh Microsoft's uh AI CEO, uh, and they were exactly talking about how it is so making a, a change, and that's, uh, uh, that's open AI isn't it? Microsoft is open AI. Yeah, Microsoft leverages open AI AI, right? So it's the open AI platform that, uh, uh, that they're using, but it's an amazing convers it was an amazing conversation that he was having with Mustafa, and about, about where they're going with it and what it kind of looks like. Uh, but talk to me now about where do you think this is going in terms of the next wave, uh, of tools that are going to reshape the labor market. Yeah, I mean, I think where it's happening first and I as I mentioned with Ovidence, and there's other companies like Harvey AI which raised around not too long ago and a bridge. And what's their specialty? They're focused on on law firms providing AI firms, yeah, AI agents uh and uh assistant to to law firms, and then you have a bridge which is focused on doing uh for medical professionals, which are tasks that they spend way too much, yeah, way too much time, right? Um, but you see both of those companies within I'd say the last two months, raised massive increases in valuation. So within 6 months, raising sort of back to back rounds going from anywhere from about $3 billion to 5 billion. Are those companies that Suro has an investment in? We don't have investment in those companies, but I think it's very emblematic about what we're seeing on the private side, which is why I think Serros, the way that Cerro exists and that Sero's existence is is very fundamental, right? So you have these companies raising rounds going from 3 billion valuation, 5 billion happening in the private markets, right? So people don't have access to those, those types of companies, but where you're seeing a lot of this value accretion is in this in these private market names. And so that's where we've turned a lot of our attention to is once those companies are starting to reach that massive adoption, that's when we get really excited. Where do you think?Where do you think?Human jobs are gonna go in the future. Do you, do you think there's gonna be just a change in the jobs that humans do, or do you think there's gonna be an elimination of jobs? So I mean, after many of these types of like transformative technologies, you can think of industrial revolution or and I'm sure many other people have given this example is people at those times thought that this is this is the end, right? Machines have taken our jobs, right. And so, I mean, people can speculate whether this time is different, but historically, it proves out that the labor market isis quite sort of resilient and adapt to these types of, uh, these types of productivity shifts. And so I think what you'll see is sort of the same type of shift in that there will be new types of jobs, or maybe the types of uh jobs that are out there, things that we're not even thinking of today. So, right. So let's talk about where, where you think and maybe have a view on this is where's regulation gonna go in terms of AI? Yeah, I mean, so regulation, it seems like they've taken a little bit of a backseat to uh trying to figure out the best way to regulate AI um but I mean it's, it's definitely a moving target today, so it'll it'll be interesting. There is sort of push and pull on what is sort of the best way to approach AI regulation, because you don't want to stuntgrowth. No, but there has to be, there has to be some guardrails onregulation. Right, no, absolutely. It, it seems like people are still trying to figure out what, uh, I think all the pieces of AI technology and what are sort of the key components that really make up that recipe from the regulator, the regulator side, and I think from there they'll try to figure out the best way to regulate it. But you know what the problem there is, is it changes so quickly, the regulation can't keep up with it. By the time, you know, they're focusing here and then suddenly it changes, they got to change the whole, the whole conversation is gonna shift, right, exactly. And I think that's the argument on side of why would you set very hard and fast rules when this technology is still, I mean, Chach BT came public, so it came available to the public in in 2020, late 2022. And so you're trying to now regulate this technology that's only been out to the public for only a few years now. No, I, you know, it's funny because Chat GBT I think was the very first one, but then there's, you know, perplexity and then there's Grok now on, by the way, I think that I think that the Elon Musk's Grok, uh,Chatbot, uh, does a very good job. You know, I, I, I, I actually now kind of play them back and forth between chat, GBG and Grok to see, to see who comes up with what answer and which one do I think actually answers the question better. And you know, I'm sure there are a bunch of others out there that I could be using, um, or that I could be trying, but you know, you have to haveI only have 24 hours in a day, right? And anyway, listen, I want you to come back and talk about this again with me probably 3 or 6 months from now because there's so much happening in the space that you know, 36 sometimes it's gonna be, it's gonna be completely different again, right, but I'm gonna get at the end of every episode, I end my episode with a recipe. And so today I'm gonna give you Pasta la Norma, which is a classic tradition Sicilian dish. Uh, it was born in Catania, Italy, right, which is part of, uh, Sicily, named after Vincenzo Norma in 1831. It's said to have been created as a tribute to the composer of the of the opera's success. The dish emerged in the early 20th century with uh where it was first documented in a 1920s uh recipe book, though the exact origins are still being debated. In this recipe, it features pasta typically rigatoni pa. I use rigatoni. I think this demands a rigatoni, but you can use spaghetti. Uh, it's got a tomato sauce, fried ricotta sallata cheese and fresh basil. The the ingredients really reflect Sicily's agricultural abundance and culinary influences blending the Mediterranean flavors with the Arab-inspired elements like eggplant. Legend has it that a Catania chef inspired by the opera's beauty named the dish after it, claiming it was as perfect as Bellini's masterpiece. Today it is a beloved symbol of Sicilian cuisine, celebrated for its simplicity, yet vibrant can scan the QR code that's on the screen for the full recipe. You can thank me later. In the meantime, that's a wrap for today's Trader Talk, but the conversation continues. Subscribe on Apple Podcasts, Spotify, Amazon Music, or wherever you get your podcasts. You got questions or topics you want me to cover? Email us at tradedertalk@yahoo because we're always listening. In the meantime, stay sharp, stay disciplined and stay in touch. And until next time, take good care. This content was not intended to be financial advice and should not be used as a substitute for professional financial services. This post was written by Langston Sessoms. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Al Jazeera
13-05-2025
- Business
- Al Jazeera
Will the US-China tariff deal avert a possible global trade war?
The world's two biggest economies have stepped back from the brink. After imposing retaliatory tariff hikes at rates never seen before, the United States and China have agreed to a truce. US taxes on Chinese goods will now fall from 145 percent to 30 percent, and China will cut theirs on US items from 125 percent to 10 percent. Some of the levies have been scrapped altogether while others have been put on hold. After weeks of considerable strain, many people are looking to see how global supply chains will be affected. Is it the end of the global trade war, triggered last month by US President Donald Trump? And what does it mean for those countries who had been anticipating big investments due to the steep duties on China? Presenter: Elizabeth Puranam Guests: William Lee, chief economist, Milken Institute Huiyao Wang, founder, Center for China and Globalization Jayant Menon, former lead economist, Asian Development Bank

Associated Press
14-02-2025
- Business
- Associated Press
Generali Hong Kong and YAS Partner to Enhance Personalized Insurance Solutions
HONG KONG SAR - Media OutReach Newswire - 14 February 2025 - Generali Hong Kong has partnered with YAS to deliver innovative, customer-centric insurance solutions that adapt to modern lifestyles. This collaboration focuses on leveraging cutting-edge technology to enhance the customer experience and provide tailored protection. Built on the foundation of their success in on-demand microinsurance, this partnership introduces dynamic, real-time insurance offerings that seamlessly integrate into customers' lives. By leveraging advanced technology to enable smarter underwriting and personalized experiences, Generali Hong Kong continues its mission to deliver meaningful and accessible protection to its customers in the digital age. Dynamic Insurance Solutions Embedded in Daily Life The collaboration between Generali Hong Kong and YAS introduces solutions designed to modernize insurance. The first initiative, launched in November 2024, is embedded within the AlipayHK ecosystem. This solution dynamically adjusts travel coverage up to 20 times based on travelers' spending, capped at HK$100,000, offering a flexible and relevant product for frequent travelers. Generali Hong Kong leverages advanced technology to enhance its underwriting capabilities, enabling real-time risk assessments to better align insurance products with customer activities and needs. This approach represents a significant step forward in providing insurance that is relevant, adaptable, and customer-focused. Windian Lai, Chief Business Officer and Intermediary Management of Generali Hong Kong, said, 'This partnership with YAS allows us to integrate technologies such as GPS and AI into our personal lines underwriting. These tools enable us to deliver real-time solutions that adapt to customer lifestyles, ensuring a seamless and personalized experience.' William Lee, Co-Founder of YAS Group, added, 'Customers today demand more than traditional insurance; they want solutions that fit seamlessly into their lives. This partnership with Generali Hong Kong allows us to lead the industry into a new era of autonomous, always-on insurance solutions that resonate with the modern lifestyle.' Key Benefits for Customers: Tailored Coverage: Advanced technology enables policies that adapt to individual behaviors, preferences, and needs. Seamless Experiences: Automated processes simplify everything from quotes to claims, creating a frictionless insurance journey. Dynamic Flexibility: Coverage adjusts in real-time to changing circumstances, giving customers greater control and peace of mind. Windian added, 'This initiative highlights Generali Hong Kong's ability to respond quickly to market demands and deliver innovative solutions. With over 600,000 weekly border-crossing travelers in the region, this product addresses a growing need for flexible, real-time travel coverage.' Hashtag: #Generali #YAS The issuer is solely responsible for the content of this announcement. Generali Hong Kong In 1981, Assicurazioni Generali S.p.A. was first registered as an authorised insurer in Hong Kong, with the business extending into the life insurance sector in 2016 with Generali Life (Hong Kong) Limited. With a combination of local knowledge and Generali Group's global expertise, we develop unique and innovative life insurance, general insurance, specialty insurance, and employee benefits solutions to meet the needs of our customers. Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 82.5 billion in 2023. With around 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali's strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society. About YAS YAS is a pioneer in embedded insurance solutions, focusing on delivering hyper-personalized protection seamlessly integrated into digital ecosystems. YAS is redefining how enterprise and customers interact with and benefit from insurance. YAS is turning ideas into reality for the future of insurance that is fair, seamless and meaningful.


Zawya
14-02-2025
- Business
- Zawya
Generali Hong Kong and YAS Partner to Enhance Personalized Insurance Solutions
HONG KONG SAR - Media OutReach Newswire - 14 February 2025 - Generali Hong Kong has partnered with YAS to deliver innovative, customer-centric insurance solutions that adapt to modern lifestyles. This collaboration focuses on leveraging cutting-edge technology to enhance the customer experience and provide tailored protection. Built on the foundation of their success in on-demand microinsurance, this partnership introduces dynamic, real-time insurance offerings that seamlessly integrate into customers' lives. By leveraging advanced technology to enable smarter underwriting and personalized experiences, Generali Hong Kong continues its mission to deliver meaningful and accessible protection to its customers in the digital age. Dynamic Insurance Solutions Embedded in Daily Life The collaboration between Generali Hong Kong and YAS introduces solutions designed to modernize insurance. The first initiative, launched in November 2024, is embedded within the AlipayHK ecosystem. This solution dynamically adjusts travel coverage up to 20 times based on travelers' spending, capped at HK$100,000, offering a flexible and relevant product for frequent travelers. Generali Hong Kong leverages advanced technology to enhance its underwriting capabilities, enabling real-time risk assessments to better align insurance products with customer activities and needs. This approach represents a significant step forward in providing insurance that is relevant, adaptable, and customer-focused. Windian Lai, Chief Business Officer and Intermediary Management of Generali Hong Kong, said, "This partnership with YAS allows us to integrate technologies such as GPS and AI into our personal lines underwriting. These tools enable us to deliver real-time solutions that adapt to customer lifestyles, ensuring a seamless and personalized experience." William Lee, Co-Founder of YAS Group, added, "Customers today demand more than traditional insurance; they want solutions that fit seamlessly into their lives. This partnership with Generali Hong Kong allows us to lead the industry into a new era of autonomous, always-on insurance solutions that resonate with the modern lifestyle." Key Benefits for Customers: Tailored Coverage: Advanced technology enables policies that adapt to individual behaviors, preferences, and needs. Seamless Experiences: Automated processes simplify everything from quotes to claims, creating a frictionless insurance journey. Dynamic Flexibility: Coverage adjusts in real-time to changing circumstances, giving customers greater control and peace of mind. Windian added, "This initiative highlights Generali Hong Kong's ability to respond quickly to market demands and deliver innovative solutions. With over 600,000 weekly border-crossing travelers in the region, this product addresses a growing need for flexible, real-time travel coverage." Hashtag: #Generali #YAS The issuer is solely responsible for the content of this announcement. Generali Hong Kong In 1981, Assicurazioni Generali S.p.A. was first registered as an authorised insurer in Hong Kong, with the business extending into the life insurance sector in 2016 with Generali Life (Hong Kong) Limited. With a combination of local knowledge and Generali Group's global expertise, we develop unique and innovative life insurance, general insurance, specialty insurance, and employee benefits solutions to meet the needs of our customers. Generali Group Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 82.5 billion in 2023. With around 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali's strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society. About YAS YAS is a pioneer in embedded insurance solutions, focusing on delivering hyper-personalized protection seamlessly integrated into digital ecosystems. YAS is redefining how enterprise and customers interact with and benefit from insurance. YAS is turning ideas into reality for the future of insurance that is fair, seamless and meaningful. Generali Hong Kong