Metlife sub-branch
Source: Shanghai Daily |
July 21, 2014, Monday
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Print Edition
Print Edition
SINO-US United Metlife Insurance Co said that it has got regulatory approval to start operating a sub-branch in the pilot free trade zone after two months’ preparation. In May, the China Insurance Regulatory Commission approved Metlife to set up a sub-branch in the zone, making it the first joint-venture life insurance company to tap prospects in the zone. So far two insurance companies — China Pacific Property Insurance Co and Dazhong Insurance Co — have set up branches, while China Life and China Taiping have also got approval to operate in the zone.
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