The Chinese company Anbang will continue under the name Dajia Insurance. The new insurance company Dajia, founded by the Chinese government, takes over all insurance activities from Anbang, which became discredited due to a major fraud case in which the top manager disappeared.

The Chinese financial sector regulator announced on Thursday that it had given the green light for the acquisition by Dajia. Vivat has already reached an agreement on the sale of the Dutch Vivat to industry partner NN Group and investor Athora.

Load More Related Articles
Load More By WeeklyNews staff
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Taliban and European Union to conduct talks in Qatar, US signaled that Talibs are ‘frank’ and ‘professional’

Taliban leaders, who have been in power in Afghanistan since last month, are meeting with …