Chubb receives regulatory approval to increase its huatai stake to 83.2%

Zurich , nov. 18, 2022 /prnewswire/ -- chubb limited (nyse: cb) today announced that it has received regulatory approval from the china banking and insurance regulatory commission to increase the company's ownership in huatai insurance group company limited (huatai) from 47.3% to 83.2%. huatai is the holding company of a number of subsidiary companies including huatai property & casualty insurance company, huatai life insurance company, and huatai asset management company.
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