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December 30, 2009

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Cathay Insurance Opens branch in Jiangsu Province

CATHAY Insurance has opened a branch in Jiangsu Province to tap demand for financial protection after getting approval from the China Insurance Regulatory Commission for the office in September.

Cathay Insurance is also planning a branch in Fujian Province. The insurer, with a registered capital of 400 million yuan (US$58.6 million), was set up by Taiwan's Cathay Financial Holdings affiliates.



 

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