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China loses out as Mapfre targets more 'liberal' Asian countries

Antonio Huertas

China's hostile environment for foreign investors has led Spanish insurer Mapfre to seek acquisition targets elsewhere in Asia in order to expand within the region.

Speaking at a meeting for the firm's divisional heads in Madrid, group chairman Antonio Huertas, pictured, told Insurance Insight that, despite having offices in China for a decade, the Spanish firm

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