Benfield insurance brokerage announced yesterday that it has received approval from the China Insurance Regulatory Commission to expand operations in that country with a Beijing office.
The company said the new office will enhance its presence in China and its ability to serve a growing customer base in the greater China region.
Benfield established its first representative office in China in Shanghai in 2003. As a result of the approval for its new Beijing Representative Office, its Shanghai Representative Office has been approved by the CIRC to be upgraded to the status of General Representative Office, the company said.
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