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Generali secures full ownership of Generali China Insurance Company
The acquisition will have an estimated -1 percentage point impact.
Generali has completed the acquisition of full ownership of Generali China Insurance Company Limited (GCI) after securing all regulatory approvals.
The transaction gives Generali full control of its property and casualty (P&C) insurance business in China.
The acquisition will have an estimated -1 percentage point impact on the Generali Group’s Regulatory Solvency Ratio.
GCI will now operate as a wholly foreign-owned entity under the Generali brand.
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