Friday, January 06, 2006

 

Manulife Expands In China

Manulife Financial Corp. has won approval from Chinese regulators for a Sichuan provincial branch license, meaning it's now licensed to operate in more cities than any other foreign life insurer in China, the company said Friday.

The initial approval allows Manulife's Sinochem unit to start operations, expected in the second quarter, in the provincial capital of Chengdu.

Manulife expands in China
Source: GlobeAndMail.com

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