Aviva Signs Agreement With Central China Securities
For entering into Chinese fund market
Aviva, a UK-based insurance group, has signed an agreement with Henan-based Central China Securities to form a joint-venture asset management company, reported China View.
As per the agreement, the insurance group will own a 49% stake in the joint venture whereas Central China Securities will own the remaining 51% . The new company intends to apply for regulatory approval soon. The insurer had commenced its operations in 2003.
Aviva has a 50-50 joint venture life insurance company with China National Cereals, Oils & Foodstuffs (COFCO).
The company said that over 30 foreign institutions, including Credit Suisse, JP Morgan and Morgan Stanley have formed fund ventures in China. The company further added that more companies are entering into the Chinese fund market.
Related Insight
Suppliers Directory
Initiate Systems - Master Data Management
Initiate Systems is a recognised leader in master data management (MDM) solutions. Our software provides a comprehensive view of a customer, household, company, policy and other entities by accurately identifying relevant records across disparate sources.
Suppliers
Icon - Process Integrated Document Generation and Output Management
Many years of project experience - mainly in the environment of the process-integrated document creation - led to the development of the DOPE product suite in 1999, initially as an extension or rather as a replacement of the IBM text processing system ASF, which is used by major corporate clients.
Suppliers
ROOM Solutions - Insurance Software and Consultancy Services
ROOM Solutions is a provider of global software and consultancy services to the commercial insurance and reinsurance sector.
Suppliers
ReadSoft - One Entry Point for All Your Incoming Business Documents
ReadSoft creates and markets software and services for document process automation. This means automating document processes such as data entry, information verification, document workflows, e-invoicing etc.
Suppliers
General Insurance
Commercial Lines
Personal Lines
Claims
Insurer
Life Insurance & Pensions
Intermediaries Brokerage Underwriting London Lloyds
Reinsurance
Technology Technology in Insurance Outsourcing
Regulatory & Risk
Life Insurance & Pensions
Intermediaries Brokerage Underwriting London Lloyds
Reinsurance
Technology Technology in Insurance Outsourcing
Regulatory & Risk
Intelligence
Insurance: Converging Customers, Cost Management and Compliance
Published by Kofax
White Papers
A New Beginning for Outsourcing Closed-Book Insurance Policy Administration
Published by Capgemini Financial Services
White Papers
Insurance: Converging Customers, Cost Management and Compliance
Published by Kofax
White Papers
The Business Case for Automating Document Driven Business Processes
Published by Kofax
White Papers
Buy the latest industry research online today!
Allianz SE - Financial and Strategic Analysis Review
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Reports Buy online from $125
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Reports Buy online from $125
Comments may be moderated for spam, obscenities or defamation.