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Munich Re opens R&D center in China

Posted On: Nov. 25, 2022 9:54 AM CST

Germany-based Munich Reinsurance Co. has launched a new research and development center in Shanghai which will leverage insurance know-how and technology to develop innovative products for the insurance and reinsurance industry, Reinsurance News reported. The Munich Re China Innovation R&D Center will have dedicated resources to analyze technological development and its implications for insurance solutions in green building, new agriculture, carbon trade and other areas.