Cathay Life Insurance Company received permission from MOEA for the preparation of establishing a P&C insurance company in China.
2007-10-19
1.Date of occurrence of the event:2007/10/19
2.Date of the original public announcement and reporting:NA
3.Summary of the content originally publicly announced
and reported:NA
4.Reason for, and major content of, the change:Cathay Life Insurance
Company received permission from Investment Commission,
MOEA for the preparation of establishing
a property and casualty insurance company.
5.Effect on the Company's finances and business after the change:Cathay Life
Insurance Company is able
to remit the capital fund to Mainland China and legally establish the
joint-venture property and casualty insurance subsidiary.
6.Any other matters that need to be specified:NA