The Monetary Authority of Singapore has given approval for China Re to set up an office in the city state.
In a statement, the Chinese state-owned reinsurer said the branch is expected to cover property reinsurance business for the Asia Pacific region.
The move is China Re's first Asian endeavour outside of the Chinese reinsurance market, and only its second overseas office following its Lloyd's business in London.
Copyright ? 2008 中国再保险(集团)股份有限公司 All Rights Reserved
本网站支持IPv6访问 版权所有 复制必究