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News China26 Nov 2021

Chubb becomes majority shareholder of Huatai Insurance

| 26 Nov 2021

Chubb, the world's biggest property and casualty insurer, is increasing its stake in Huatai Insurance Group to over 50% as it snaps up the equity held by two firms under Chinese conglomerate Wuhan Dangdai Science and Technology Industry Group for a combined CNY2.8bn ($439m).

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