1:31:19 PM | 19/12/2011
The Dai-ichi Life Insurance Company, Limited (DLI) and China Huadian Corporation (Huadian) recently acquired a permit for pre-operation of a joint venture life insurance company in China from China Insurance Regulatory Commission.
DLI and Huadian have been working together to start a joint life insurance business, focusing on the potential of the life insurance market in China. Consequently, both companies have reached a basic agreement on establishing a joint venture life insurance company, and successfully acquired a permit to prepare to commence a new company from the China Insurance Regulatory Commission eventually. In establishing a joint venture life insurance company, both companies aim to cooperate with each other under an equal partnership.
Mr Koichiro Watanabe, President of DLI said: “After signing the joint venture contract, we will start pre-operation targeting the earlier commencement of business.”
This entry to the Chinese market follows DLI’s overseas business development initiatives in Vietnam, India, Thailand and Australia.
HAD
April 24–25, 2026
Kinh Bac Cultural Center, Bac Ninh Province
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