Allianz opens a branch in Beijing

Allianz has obtained license from China Insurance Regulatory Commission (CIRC) to open a branch in Beijing. The new company will offer motor, marine, construction, credit, travel, personal bodily injury and health insurance policies.

The Beijing entity will be the third Allianz branch in China after the Guangdong and Shanghai ones. The German insurer also has a representative office in Shenzhen.

More news:

• The insurance industry in China