AIA has offices in a number of mainland Chinese cities, but before its incorporation, it could not expand beyond these locations without securing approvals first. Photo: AFP AIA has offices in a number of mainland Chinese cities, but before its incorporation, it could not expand beyond these locations without securing approvals first. Photo: AFP
AIA has offices in a number of mainland Chinese cities, but before its incorporation, it could not expand beyond these locations without securing approvals first. Photo: AFP

Insurer AIA gets keys to Middle Kingdom, given go-ahead to convert Shanghai branch into local subsidiary

  • Approval to convert Shanghai branch into a wholly-owned subsidiary is credit positive for AIA, Moody’s says
  • China was AIA’s fastest growing market in 2019, with new business growing 27 per cent year on year

Topic |   AIA
AIA has offices in a number of mainland Chinese cities, but before its incorporation, it could not expand beyond these locations without securing approvals first. Photo: AFP AIA has offices in a number of mainland Chinese cities, but before its incorporation, it could not expand beyond these locations without securing approvals first. Photo: AFP
AIA has offices in a number of mainland Chinese cities, but before its incorporation, it could not expand beyond these locations without securing approvals first. Photo: AFP
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