China forms new insurance group to take over Anbang's assets

China forms new insurance group to take over Anbang's assets

Signage for Anbang Insurance Group Co. is displayed atop Anbang Financial Center Block B in Beijing, China.

China has formed a new company called Dajia Insurance Group to take over the assets of Anbang Insurance Group, a government document showed.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter