Ancheng Property opens in Southwest China

By Song Hongmei (chinadaily.com.cn)
Updated: 2007-01-12 11:18

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Ancheng Property and Casualty Insurance Company has opened for business with the approval from the China Insurance Regulatory Commission in Southwest China's Chongqing Municipality.

With a registered capital of 500 million yuan (US$64.04 million), the property insurance company was invested in by Chinese enterprises based in Chongqing. The company will run business like property loss insurance, liability insurance, credit insurance, short-term health insurance and accident insurance.

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The full text is available in the January Issue of China Insurance.


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