Insurer gets foreign currency policy approval
(China Daily)Updated: 2007-06-12 08:45
China Life, the country's largest life insurer, has received approval from
the industry regulator to run foreign currency-denominated policies, the
company's assistant president Su Hengxuan disclosed.
"We are now working on the foreign policy design and system coordination," said Su, adding it will soon send the product to the China Insurance Regulatory Commission for approval.
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