Aviva’s China joint venture receives Jiangsu branch licence JV now has eight branch licences across 23 cities
Aviva plc (“Aviva”), the international savings, investments and insurance group, announces that its joint-venture in China, Aviva-COFCO has obtained regulatory approval for a branch licence in the province of Jiangsu. The approval was awarded by the China Insurance Regulatory Commission (CIRC).
Aviva-COFCO now has eight branches in the provinces of Guangdong, Beijing, Sichuan, Fujian, Shandong, Hunan, Hebei and Jiangsu.
Including its sales offices, the joint venture is now operating in 23 cities. — www.theasianbanker.com (November 30 2007)–