China Grants Aon 1st License

The China Insurance Regulatory Commission granted the firstinsurance broker license to a foreign company to Aon Corp., theChicago-based broker announced last week.

The approval is for a joint venture with China National Cereals,Oils & Foodstuffs Import & Export Corp. The joint venture,to be called Aon-COFCO, will be based in Shanghai and beginoperations by the middle of this year.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.