Taishan property insurance's capital increase and share expansion were approved, and foreign-funded Angu group entered China's property insurance market
Cailian news agency, Nov. 29, the Cailian reporter learned that Taishan property insurance received the reply from Shandong banking and Insurance Regulatory Bureau, approved Angu property insurance to become a shareholder of the company, and the registered capital of the company increased from 2.03 billion yuan to 2.703 billion yuan. According to the earlier disclosure of Taishan property insurance, after the capital increase is completed, Angu group will officially hold 24.9% equity of Taishan insurance through its insurance subsidiary.
This text is a result of machine translation.
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