Willis receives final go-ahead in Chinese deal
Willis Group Holdings has received final approval and certification from the China Insurance Regulat...
Willis Group Holdings has received final approval and certification from the China Insurance Regulatory Commission allowing its joint venture operation with Willis Pudong Insurance Brokers. Willis was granted permission from the CIRC in March to purchase a 50% share in Pudong Insurance Brokers. Willis has now completed the necessary equity transfer agreements, shareholders' agreement and new articles of association and has been granted a broking licence, which covers the whole of the Peoples
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