国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Markets

Direct Investment

Highlights

Trends/Policies

Jiangsu's first provincial insurer approved

By Hao Zhou (chinadaily.com.cn)
Updated: 2008-02-20 10:20

Jiangsu's first long-awaited provincial insurance corporation, Zijin Property and Casualty Insurance, has been approved in principle by the China Insurance Regulatory Commission.

Related publication:

Related readings:  Polluters urged to buy 'green insurance'  Calls for national insurance fund  Insurance payouts for snowstorms exceed $138.9m

Once the leaders of the preparatory panel have decided, the insurance regulator will formally issue a license for the corporation's establishment. If Zijin gets its license in the first quarter of this year, the insurer would likely begin operations by the end of this year.

Funded by a group of 15 Stated-owed and private enterprises, Zijin boasts a registered capital of 1.7 billion yuan (US$237.43 million). Jiangsu Guoxin Investment Group Ltd contributed 20 percent – the biggest share – of the total investment, followed by Beijing Hua Di Union Investment Co Ltd and Intercontinental (Shenyang) Investment Co Ltd, each holding 14.71 percent of Zijin's stakes.

Some 34.13 percent of investments in Zijin come from three investment firms under the World Chinese Overseas Investment Head Association, including Hua Di Union and Intercontinental. The remainder comes from 12 Jiangsu local enterprises, with State-owned companies accounting for the biggest share.

......

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