The exterior of Anbang Insurance Group in Beijing on 19 March 2016. Photo: EPA

China’s government sets up Dajia Insurance to take over Anbang’s assets as the disposal of former asset buyer nears

  • Dajia Insurance, established this week in Beijing, has an identical structure and shareholders as Anbang, albeit with smaller capitalisation
  • The finance ministry’s China Insurance Security Fund owns 98.2 per cent of Dajia, as it does Anbang
Topic |   Insurance

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The exterior of Anbang Insurance Group in Beijing on 19 March 2016. Photo: EPA
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