24-08-2016 11:34 via insuranceinsider.com

Chinese carriers mull IPO options: reports

Anbang Insurance Group is weighing up an IPO of its life
insurance business, according to Bloomberg News.
The Chinese carrier has asked investment banks to submit
proposals by the end of the week, sources told the newswire.
The offering may also include some of Anbang's overseas
businesses, according to the report. The firm is said to be
considering first raising funds through a private placement in the
coming months, before the IPO.
Anbang has previously been active in European M&am...
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