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Insurance deal
PING An Property and Casualty Insurance Co, a unit of Ping An Insurance Group of China, has signed an agreement with Munich Re to jointly develop and offer China's first insurance solution for domestic renewable energy industry.
Ping An yesterday said demand is increasing in the sector as investment exceeded US$50 billion in construction and research of renewable energy in China last year.
Ping An yesterday said demand is increasing in the sector as investment exceeded US$50 billion in construction and research of renewable energy in China last year.
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