Chinese Regulator Ceases 2-Year Takeover of Anbang Insurance

Posted on 02/23/2020


China’s Banking and Insurance Regulatory Commission (CBIRC) took control of Anbang Insurance Group in February 2018. The banking and insurance regulator disclosed it found a group of investors to help takeover Anbang Insurance, which is held by Dajia Insurance Group. Dajia Insurance Group is a company that was formed to take over assets from Anbang. […]