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PICC eyes Argentina as part of worldwide expansion

Posted On: Jul. 2, 2019 6:02 AM CST

China and Argentina

The People’s Insurance Co. (Group) of China Ltd. is considering entering the Argentine insurance market as part of its plans to expand its global operations under the Belt and Road Initiative, Noticias reported. The insurer is looking to cover infrastructure projects in Argentina among other segments. Argentina's insurance regulator recently opened the local market to foreign insurers.

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