News Regulations15 Nov 2019

China:Allianz receives regulatory approval to start 1st fully foreign owned insurance holding co

15 Nov 2019

Global insurer Allianz has received approval from the CBIRC to commence operation of China's first fully foreign-owned insurance holding company. With this, Allianz will strengthen its proposition in the country and position the business to capitalise on the fastest growing economy in the world, the insurer said in a statement released yesterday.

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