China Post Life Insurance Launched
09-09 18:56 Caijing
Full article in Chinese: http://www.caijing.com.cn/2009-09-09/110243867.html
» National postal service China Post launched a
life insurance company in conjunction with its 20 subsidiaries at a ceremony in
Beijing on Sept. 9.
» The company, China Post Life Insurance Co., will have
registered capital of 500 million yuan.
» The insurer said it will utilize
China Post's network to offer farmers and other customer in rural areas
small-sum insurance business.