Dutch Universal Life Insurance of Dutch Universal Insurance Group is in China.

In 2002, Dutch Global Life Insurance Company, the fifth largest insurance company in the world, announced here today that it would form a joint venture with China Offshore Oil Corporation to carry out life insurance business in the same proportion.

Dutch global insurance group

. The new joint venture company is expected to open in 2003 and its headquarters will be located in Shanghai. The initial capital of the new company will reach 24 million US dollars, equivalent to 200 million yuan.

When choosing a partner in China, foreign insurance companies no longer take the performance of the other party in the insurance industry in China as the main criterion, but tend to choose companies with abundant capital, deep understanding of the characteristics of the China market and familiarity with international exchanges and cooperation practices. The insurance industry needs a lot of investment, and the return period of investment is relatively long, at least five to seven years. Only large companies can make such investments.

Dutch global insurance group