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BIZCHINA / China Insurance

Great Eastern to set up 15 branches

By Shangguan Zhoudong (chinadaily.com.cn)
Updated: 2007-07-12 16:54

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Great Eastern Life Assurance (China) Co Ltd, a 50-50 joint venture by
Great Eastern and Chongqing Land Properties Group, plans to set up 15
branches throughout China in the next five years, according to Tan Tiam
Chai, chief executive officer (CEO) of the life insurer.

Tan said that, branches in Chongqing, Sichuan and Zhejiang will open in
2007 and 2008, while other branches including Beijing, Nanjing, and
Guangzhou will be set up later.

According to its strategy in insurance premiums, the insurer also plans
to boost the number of its agents this year to at least 500 from its
present 300. According to Wang Boqing, vice president of the insurer,
said the insurer plans to launch insurance programs including pension
plans and medical care.

...

The full text is available in the China Insurance.

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