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Monday, June 20, 2011

Sino US joint Thai city life officially

Business News (reporter Cui Qibin) after one year, the first life insurance company merger finally ' Iceman ', after the merger of Sino-US joint Thai city life of the new company officially yesterday. Merge both to Sino-US Metropolitan life, and the Thai metropolis life. Aita between China and the Metropolitan life insurance disclosure, the company successfully completed the merger and consolidation, and achieved a headquarters and 27 branches United flop on the same day, the company will be "metropolitan life" as a unified brand in China. Currently, city life website has started to upload run. Recommended reading insurance weekly: variable amount annuity pilot started Beijing Shanghai five city first wins insurance enterprises violations promotions penalty 500,000 insurance ring "Wang yawei" emerge surface exaggerated income does not to risk silver insurance disputes constantly should first to family "pillar" Shang foot insurance regardless of from lost insurance is zehui Shi Qiming jointly immortal see disk build boutique lecture information display, Sino-US large will life by United States large will life and airport Yu 2004 in Beijing joint venture established, the accounted for 50% equity; and joint Thai large will life of predecessor for Citi life, by Citi group its travel who life and Shanghai joint and investment limited in Shanghai joint venture established, the accounted for 50% equity, soon Hou United States large will life disk access Citi life, Citi life renamed for joint Thai large will life, United States large will life became domestic holds two Zhang joint venture life insurance licence of company. Last February the capital airport to Metropolitan Life equity between China and the full transfer to Shanghai and. After the share transfer approved, United States Metropolitan life and with Shanghai issued a statement, Department of cosmopolitan life insurance company through merger integration. Department of Metropolitan life insurance company merged programme in March this year approved by the China insurance regulatory Commission, licence on April 12 after the merger approved by the business sector, registered as Shanghai. Metropolitan life-related person, as Beijing and Shanghai for the Metropolitan life insurance business are very important in the country, mode of operation of the company's dual headquarters, accumulation of companies over the years into full play in Beijing and Shanghai comprehensive advantages, a two-pronged approach will maximize synergies in the merged in. However, since the merge is dominated by the Aita, Metropolitan life, Sino-US relations is absorbed by the Metropolitan life all of their assets, debts and business, and inherited the latter all the rights and obligations to its policyholders, new tags Metropolitan life follows the establishment of the Thai metropolis life time (August 2005), its registered capital to $ 1.8 billion. Introduction to Metropolitan life's Chief Executive, beikejun, in support of the new brand will continue to take a long-term perspective, and continuously improve the company's core competence and value, and steadily promoting regional development plan. It is learnt that the cosmopolitan life mainly through consultants such as marketing, banking and insurance, direct marketing, group insurance channel sales of insurance products.