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: 建昌县| 德化县| 齐齐哈尔市| 荣昌县| 衡南县| 揭东县| 咸丰县| 桂阳县| 凤山县| 秦安县| 卓尼县| 旌德县| 井陉县| 崇义县| 萨嘎县| 瑞昌市| 乐昌市| 正定县| 顺义区| 颍上县| 中山市| 孟连| 河北省| 奉化市| 洮南市| 岱山县| 临安市| 多伦县| 东乌珠穆沁旗| 新竹县| 天镇县| 达日县| 龙州县| 鸡西市| 伊宁市| 江川县| 建湖县| 莎车县| 嘉义市| 锡林浩特市| 嘉荫县|