February 23, 2018 / 1:45 AM / 3 months ago

China insurance regulator says will take over control of Anbang Insurance Group from Feb 23 for one year

SHANGHAI, Feb 23 (Reuters) - China’s insurance regulator said on Friday it will take over control of Anbang Insurance Group Co Ltd from Feb. 23 for one year.

The move was announced in a post on the official website of the China Insurance Regulatory Commission. (Reporting by Judy Hua in Beijing and Engen Tham in Shanghai)

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