国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

EU clears China Re's takeover of Chaucer

Source: Xinhua| 2018-12-19 07:20:02|Editor: Yang Yi
Video PlayerClose

BRUSSELS, Dec. 18 (Xinhua) -- The European Commission said on Tuesday that it has approved the acquisition of sole control over Chaucer by China Reinsurance Group Corporation.

Chaucer, which comprises the businesses of the Hanover Insurance International Holdings Limited of the UK, Chaucer Insurance Company Designated Activity Company of Ireland and Hanover Australia Holdco Pty Ltd of Australia, is active globally in the provision of reinsurance, non-life insurance, and specialty insurance.

China Re is active globally in property and casualty reinsurance and insurance, life and health reinsurance, and asset management.

The proposed transaction gives rise to horizontal overlaps between the companies' activities, but the European Commission under the European Union merger rules concluded that it would raise no competition concerns given the companies' limited combined market positions resulting from the proposed acquisition.

The acquisition is valued at 865 million U.S. dollars, according to a statement by China Re in December, 2018.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001376834081
主站蜘蛛池模板: 炎陵县| 宜丰县| 南雄市| 信宜市| 盈江县| 盖州市| 乌什县| 麟游县| 益阳市| 迭部县| 秦皇岛市| 安溪县| 和龙市| 兴国县| 中方县| 永顺县| 民和| 新沂市| 金堂县| 郁南县| 社旗县| 綦江县| 青海省| 彭泽县| 伊川县| 灵寿县| 盘锦市| 弋阳县| 鸡西市| 重庆市| 汝州市| 文化| 富阳市| 肃南| 凤城市| 新巴尔虎左旗| 武乡县| 馆陶县| 梅河口市| 富平县| 酉阳|