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Russia's Rosgosstrakh looks to start operations in China

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Russian insurer OAO Rosgosstrakh is set to secure a license to conduct insurance operations in China, the insurer's general director Dmitry Makarov said.

The insurer intends to open an office in Beijing. It has agreed to team up with a major transport and logistics company in China, Forinsurer reported. The insurer already has a unit in Russia that offers services to customers from China.

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