ERC Seeks Chinese Operating License
NU Online News Service, May 30, 12:33 p.m. EST?Employers Reinsurance Corp., expanding its activities in China, said it has formally applied to authorities there for a full property-casualty insurance operating license.
The decision by the China Insurance Regulatory Commission on the application is expected in 18 to 24 months, said ERC, a General Electric Corp. company based in Overland Park, Kan.
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