[The Insurance Insider]MAS approves China Re Singapore office


  The Monetary Authority of Singapore has given approval for China Re to set up an office in the city state.

  In a statement, the Chinese state-owned reinsurer said the branch is expected to cover property reinsurance business for the Asia Pacific region.

  The move is China Re's first Asian endeavour outside of the Chinese reinsurance market, and only its second overseas office following its Lloyd's business in London.


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