New York Insurer Enters Chinese Life Insurance Market

New York Insurer Enters Chinese Life Insurance Market 

On December 26, 2001, New York Life Insurance Company and the Haier Group announced that they will form a joint venture to sell life insurance in China, pending approval of the venture by the China Insurance Regulatory Commission (CIRC).
    
    The new joint venture, Haier New York Life, is to be under a 50/50 partnership between the Hai...

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