Allianz said on Wednesday that its Chinese life insurance business had received regulatory approval that will allow it to become the first wholly foreign-owned life insurer in China created from a joint venture.

Allianz said on Wednesday that its Chinese life insurance business had received regulatory approval that will allow it to become the first wholly foreign-owned life insurer in China created from a joint venture. Allianz said in July that it had also received approval to take full ownership of its local Chinese asset management business.

Allianz Gets Approval For Full Control Of China Life Insurance Venture

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Allianz Gets Approval For Full Control Of China Life Insurance Venture

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