Asset Management /
Wealth Management
Allianz China IAMC secures regulatory approval
Country’s first wholly foreign-owned insurance asset management company has a registered capital of 100 million yuan
The Asset
30 Jul 2021
Allianz Insurance Asset Management Co Ltd ( Allianz China IAMC ) has received approval from the China Banking and Insurance Regulatory Commission to be established as the first wholly foreign-owned insurance asset management company in China, with a registered capital of 100 million yuan ( US$15.48 million ).
