Aviva-Cofco Life raises registered capital by US$51.2m
By Su Yue (chinadaily.com.cn)Updated: 2007-01-15 13:46
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The increased amount was jointly invested in by Aviva PLC and China Cereal, Oil and Foodstuff Group (COFCO), the two partners of Aviva-Cofco Life Insurance.
Zhang Wenwei, president of Aviva-Cofco, said that both partners of the
company pin great hope on the future development of the company. The successful
increments of registered capital can effectively boost the company's capital
strength, solvency capability and insurance capacity.
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The full text is available in the January Issue of China Insurance.
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