HUATAI INSURANCE COOPERATED WITH SUBORDINATES OF ACE
AsiaInfo Services, May, 2002
AsiaInfo Services 05-31-2002 Huatai Insurance Cooperated with Subordinates of ACE CHINA, May 31, 2002 (AsiaPort via COMTEX) -- On 28 May, Huatai Insurance Company announced today that the ACE Group has entered into a strategic business partnership with it. Both companies will join forces to assume a leadership role in China's rapidly growing property/casualty market.
The partnership will allow both companies to develop jointly new products and services for delivery nationally in China, and establish a framework for expansion into other key financial services areas. Huatai is China's first nationally licensed joint stock property/casualty insurer and the fourth largest provider of property/casualty products and services in China. Under the terms of the agreement,...
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