Generali China Life Insurance Co. Ltd. is leading the pack of foreign-funded life insurance companies in China, after ranking no.1 for five consecutive months from the end of 2009 to April 2010. Generali China Life Insurance Co. Ltd. is a joint-venture company; 50 percent owned by Assicurazioni Generali S.p.A. (Generali) and the other 50 percent owned by China National Petroleum Corporation…

The China Insurance Regulatory Commission (CIRC) has cleared Guohua Life Insurance Co. to increase its capital to US$147.5 million (EUR 116 million). This additional capital injection will help Guohua towards creating a foundation that guarantees its sustainable development, having started with an original registered capital of US$44.3 million (EUR 34.9 million).