Innovation from East improves Dutch insurer

Last month, 37 Dutch insurance agents landed in Beijing to visit Anbang Insurance Group and learn about modern methods and applications of technologies such as data analysis in their business.

Associates of Dutch insurer Vivat, the 37 agents traveled at the invitation of Anbang, which had bought out the former from state-owned Dutch banking group SNS Reaal for 150 million euros ($169million) in 2015.

Their visit is proof that Chinese companies' overseas M&A's, or mergers and acquisitions, are not all about expansion and profit. They are also about sharing knowledge, resources, relationships and technologies.