China is considering allowing Aegon’s Transamerica unit life insurance to operate in China according to a statement made by Aegon CEO Kees Storm. According to a Reuters report, Storm said Chinese Prime Minister Zhu Rongji is considering giving Transamerica a license. Rongii is on an official visit to the Netherlands. Transamerica was taken over by Aegon in 1999.
“Transamerica applied for a license in 1994. Aegon had also applied for a license but we are not bothered whether it is the Dutch side or the American side that gets it,” Storm was quoted by Reuters as saying.
Topics China
Was this article valuable?
Here are more articles you may enjoy.
Florida Governor Signs Bill Dropping Building Permits for Work Valued at $7,500 or Less 
US Efforts to End Iran War Stumble as Ship Seized Near UAE 
South Florida Police Officers Sue Actors, Say Details in ‘The Rip’ Are Too Real 
Some College Finals Delayed After Canvas Online Platform Hacked 
