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By Hao Zhou (chinadaily.com.cn)
Updated: 2007-08-14 14:47

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Related readings: 79 companies quit insurance intermediary market in 1st half Jinshi Insurance to be set up China Life plans move into pensions

The China Insurance Regulatory Commission announced it has approved five domestic insurance companies to establish branches in central and western provinces of China.

The five upcoming Chinese-funded insurance offshoots include Union Life Insurance Co Ltd's branch in Jiangxi Province, Bohai Property Insurance's in the Guangxi Zhuang Autonomous Region, Dubang Property & Casualty Insurance Co Ltd's in the Xinjiang Uygur Autonomous Region, China Life Property & Casualty Insurance Co Ltd's in Henan Province, as well as Bank of China Insurance Co Ltd's in Liaoning Province.

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The full text is available in the August Issue ofChina Insurance