December 8 – China Life Insurance Company Limited (China Life) (601628, 2628. HK) has joined International Group Program, a leading network of international insurance companies, reports China Securities Journal, citing a company filing. China Life will therefore be able to offer its group insurance services, including casualty insurance, medical insurances and disability insurances, to multinational companies.
The move will strengthen the company's competitiveness among firms serving multinationals and will boost its brand image, according to China Life vice president Li Dairen.
IGP operates in 65 countries and serves over 830 multinational companies.
http://www.capitalvue.com/home/CE-news/inset/@10063/post/1260211
---------------------------------------------------------------------------------------------------------------------------------------------------------
The march of the Chinese life insurance companies onto the world stage and market begins, this could be an incredible game changer for the insurance markets and put China in a new waters as it economy marches on to overtake the US in the middle of this century.
No comments:
Post a Comment