Insurance set to be enhanced
By Feng Jianmin |
June 3, 2013, Monday
|
Print Edition
Print Edition
US-BASED health and life insurance company Cigna said it will cooperate more closely with China Merchants Bank after the lender bought a 50-percent stake in Cigna's China joint venture Cigna & CMC Life Insurance Company.
"China is an important market to us as life insurance penetration is still low," Jason Sadler, president of Cigna Corp's global individual business, said in Shanghai over the weekend.
The insurer will enhance its cooperation with the bank in providing healthcare and life insurance products, Sadler said, as the Chinese become aware about protection from unforeseen illness and accidents.
Steven Sun, general manager and CEO of Cigna & CMC, said its sales of high-end healthcare insurance products doubled annually in 2012.
"China is an important market to us as life insurance penetration is still low," Jason Sadler, president of Cigna Corp's global individual business, said in Shanghai over the weekend.
The insurer will enhance its cooperation with the bank in providing healthcare and life insurance products, Sadler said, as the Chinese become aware about protection from unforeseen illness and accidents.
Steven Sun, general manager and CEO of Cigna & CMC, said its sales of high-end healthcare insurance products doubled annually in 2012.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
