China's Dajia Insurance Group will set up a property and casualty unit to t...
FILE PHOTO: People enter the office of Anbang Insurance Group in Beijing, China, February 23, 2018. REUTERS/Thomas Peter
BEIJING/SHANGHAI - China’s Dajia Insurance Group will set up a property and casualty unit to take over part of Anbang Insurance’s assets, the country’s regulator said on Thursday. The China Banking and Insurance Regulatory Commission published the statement on its official website. Reporting by Lusha Zhang and Cheng Leng in Beijing and Engen Tham in Shanghai; Editing by Jacqueline Wong
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