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Article: HUATAI LIFE INSURANCE COMPANY INAUGURATES
- Article from:
- AsiaInfo Services
- Article date:
- April 11, 2005
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AsiaInfo Services
04-11-2005
Huatai Life Insurance Company Inaugurates
BEIJING, Apr 11, 2005 (SinoCast via COMTEX) -- Huatai Life Insurance Company, a subsidiary of Huatai Insurance Company of China, Ltd., inaugurated on April 6, which is the first national life insurer set up by property insurance company.
Huatai Insurance Company put forward its development plan of growing as an integrated financial insurance service group fiveyears ago. It obtained approval from China Insurance RegulatoryCommission of founding a life insurance company last June.
In the newly founded life insurance company, Huatai Insurance Company takes a 93 percent stake, ACE Group of Companies a 2 percent stake, and ...