High-Cost Products Fuel Chinese Insurer's Big Deals – Wall Street Journal

Wall Street Journal

High-Cost Products Fuel Chinese Insurer’s Big Deals
Wall Street Journal
SHANGHAI—Once a sleepy provincial car insurer, China’s Anbang Insurance Group has leapt onto the global stage with several high-profile deals, including its purchase of the Waldorf Astoria New York hotel for roughly $2 billion. To fund its expansion, …

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