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Article: Company to focus on health insurance biz
- Article from:
- China Daily
- Article date:
- November 19, 2004
- Author:
CopyrightCopyright 2004 China Daily. Provided by ProQuest LLC. (Hide copyright information)
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China's first specialized health insurance company was established
yesterday, blazing a new trail for accelerating the growth of the
nation's hugely promising health insurance sector.
The PICC Holding Company, which controls PICC Property and
Casualty Co Ltd, China's largest non-life insurance operator, has a
controlling stake in the PICC Health Insurance Co Ltd, it said.
DKV, Europe's largest private health insurance company, and three
other Chinese companies, including China Huawen Investment Holding Co
Ltd, are also shareholders, a PICC Holding executive said, while
declining to give other details.
PICC Health is the first of China's newly-approved four