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The Shanghai Financial Service Office said that Germany-based insurer Allianz S.E. has applied to set up a wholly foreign-owned insurance unit in China. Source: Business Insurance Magazine RSS Feed

Incidents of theft from delivery vehicles have increased in South Africa disrupting supply chains in the region. Source: Business Insurance Magazine RSS Feed

The Brussels International Business Court has fined Dutch retail chain Hema B.V. €4.5 million ($5.3 million) for selling jeans that are similar in design to those made by U.S.-based Levi Strauss and Co. Source: Business Insurance Magazine RSS Feed

With Pablo Purrrcasso and Isabella Miss Worldwide Boo at the top of the list for cats and dogs, respectively, Nationwide Mutual Insurance Co. on Thursday released its annual Wackiest Pet Names list. Source: Business Insurance Magazine RSS Feed

(Reuters) — Italian insurer Assicurazioni Generali S.p.A. topped forecasts on Friday when its profit in the first three months rose 8.6%, driven by a strong performance in its property/casualty business. Source: Business Insurance Magazine RSS Feed

Source: Business Insurance Magazine RSS Feed

Jericho Nograles, member of Philippines’ lower house of parliament, said that Singapore-based ride-hailing firm GrabTaxi Holdings Pte. Ltd. must be fined 270 billion Philippine pesos ($5.2 billion) for charging an unauthorized PHP 2 per minute for millions of rides since 2017. Source: Business Insurance Magazine RSS Feed

With the expanded presumption, firefighters diagnosed with three additional types of cancers will encounter an expedited process for workers compensation benefits, according to the Ontario Ministry of Labor. Source: Business Insurance Magazine RSS Feed

Ugandan insurers are looking to partner to share risks and benefits related to the oil sector following the country’s plan to begin oil production in 2020. Source: Business Insurance Magazine RSS Feed

The Australian government plans to fine financial services companies up to $9.4 million Australia ($7.3 million) or three times the benefits gained or 10% of the firm’s annual turnover. Source: Business Insurance Magazine RSS Feed