China Life Insurance opens first Singapore office (Amended)
The subsidiary, named China Life Insurance Singapore, will provide health insurance and renminbi wealth management, among other services
Singapore
CHINA'S largest life insurance provider China Life Insurance set up its first Singapore office on Monday - its first venture outside the mainland, Hong Kong and Macau.
The company has framed this move as part of President Xi Jinping's "One Belt, One Road" strategy, which seeks to link countries across the Eurasian region.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years
LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses
Exxon misses on Q1 profit despite big gains in Guyana
US FDA approves Pfizer’s gene therapy for rare bleeding disorder
Chevron's quarterly profit beats estimates
EU toughens rules on Chinese fashion retailer Shein