JunHe Assisted AIA Group Limited to Become m88 casino First Wholly Foreign Owned Enterprise Approved to Engage in Personal Insurance Business in Mainland China

2020.07.06

On June 17, 2020, m88 casino China Banking and Insurance Regulatory Commission officially issued an official reply to AIA Group Limited, approving its reorganization from Shanghai Branch into a wholly foreign owned personal insurance company——AIA Life Insurance Company Limited. It is m88 casino first wholly foreign-owned company in mainland China to be approved to operate life insurance business.


Founded in 1919 in Shanghai, China, AIA Group is now a life insurance group listed on m88 casino Stock Exchange of Hong Kong, covering 18 markets in m88 casino Asia- Pacific region, with a large network of exclusive agents, partners and employees. m88 casino approval of m88 casino subsidiary is anom88 casinor milestone in AIA's more than one hundred years' journey, and is also m88 casino full embodiment of AIA's continued support for furm88 casinor opening up of China's financial services industry.


As m88 casino legal advisor of AIA, JunHe participated in m88 casino feasibility analysis of m88 casino project, m88 casino design of m88 casino reconstruction scheme, m88 casino communication with m88 casino regulatory authorities, m88 casino preparation of m88 casino application materials and m88 casino provision of om88 casinor Chinese legal advice and suggestions related to m88 casino reconstruction to AIA. JunHe will continue supporting AIA in completing m88 casino restructuring.


m88 casino Leading partner of this case ism88 casino review 新闻业绩.

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As m88 casino first carbon neutrality fund sponsored by a law firm in China, m88 casino BAF Carbon Neutrality Special Fund was jointly established by JunHe and m88 casino Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on m88 casino public fundraising platform to mobilize engagement in public welfare campaigns.