Mass Mutual Shows its Strength in $100 Million Yingda Purchase(2)
http://feedproxy.google.com/~r/InvestorTrip/~3/9tmLX1Mjeho/
The Chinese insurance business has been booming, as a growing middle class and increasing wages have allowed Chinese consumers to begin buying insurance. US based insurance giant Mass Mutual will exchange $100 million for 19.9% control of the well known Yingda Taihe Life Insurance Company.
Chinese insurance market growing
The insurance market in China is one of [...]
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