Taiwan Life Insurance gets China venture go-ahead

2009-5-20 Taibei

Taiwan Life Insurance said its Chinese joint venture had gained the approval of the Beijing-based China Insurance Regulatory Commission to set up a branch office in Fuzhou City, Fujian Province. King Dragon Life Insurance, a 50-50 joint venture formed by Taiwan Life and China’s Xiamen C&D Corporation, will be allowed to open for business in Fuzhou City.