Prudential targets growth for China life insurance joint-venture
Reinsurance News - Dec 22, 2023
Prudential plc, an international insurance giant, has approved a capital increase for its business in Mainland China to drive growth. CITIC-Prudential Life (CPL), a 50/50 joint venture with China’s CITIC Bank, is said to be increasing its registered capital by RMB2.5 billion (US$351 million),...
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