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China Taiping Insurance Group signs major deals to boost trade, finance and innovation between Singapore and China

Sep 04, 2018 Singapore, August 27, 2018 --( ASIA TODAY )-- China Taiping Insurance Singapore ("CTPIS"), together with its parent - China Taiping Insurance Group (CTIG), announced major collaborations to boost trade, economic and financial cooperation between Singapore and China to mark its 80th anniversary celebrations today at Singapore's St Regis Hotel. The occasion is also a double celebration for the Group as CTPIS received its licence as a composite insurer to carry on life business in Singapore from the Monetary Authority of Singapore ("MAS"). China Taiping Insurance Group is one of the four state-owned insurance groups directly managed by China's central government. It has total assets exceeding HKD 666.5 billion (about S$117 billion)1 and 24 subsidiaries with a comprehensive range of services including life insurance, property insurance, pension insurance, reinsurance, reinsurance brokerage and insurance agency, securities brokerage, asset management, non-financial investment and other fields. The historic event was...

 

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