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The joint venture, named Shin Kong & HNA Life Insurance, will provide life insurance, health insurance, accident insurance and related reinsurance products in China.
Hainan Airlines and Shin Kong will each invest CNY250 million ($36.6 million) in the joint venture.
Deal Value (US$ Million) 73.2 Deal Type Partnership Sub-Category Joint Venture Deal Status Completed: 2009-10-20
Deal Participants
Partner 1 (Company) Shin Kong Life Insurance Co., Ltd. Partner 2 (Company) Hainan Airlines Co., Ltd.
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