Brussels, 28/09/2001 (Agence Europe) - China has just given the go-ahead to eight European insurers to set up business on a market gradually opening up to competition following Beijing's accession to the World Trade Organisation (WTO).
Of the eight insurers concerned, only six have received new licences, three of which for life-insurance (Britain's CGNU, France's CNP and Transamerica, a 100 American subsidiary of the Dutch Aegon) and three others for damage-insurance (Germany's Allianz and...