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PICC P&C signs insurance deal with Chinese space agency

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Chinese insurer PICC Property and Casualty Co. Ltd. recently signed a cooperation agreement with the China National Space Administration's Lunar Exploration and Aerospace Engineering Centre, Asia Insurance Review reported. PICC P&C was named as the exclusive insurer for China’s first Mars exploration mission, as the country successfully landed its “Zhurong” rover on Mars on May 15.

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