Fanhua agrees to acquire Chinese life MGA Zhongrong, launches new tech offering

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Reinsurance News - Nov 25, 2022

Independent Chinese financial services provider, Fanhua Inc., has announced the execution of a term sheet to acquire majority interests in Zhongrong Smart Finance Information Technology. The proposed transaction will involve the issuance of up to 62 million new ordinary shares of Fanhua, representin...

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