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AIA picked to sell products in Citigroup's Asia-Pac branches

15-yr pact covers 11 countries including China and S'pore

Published Thu, Dec 19, 2013 · 10:00 PM
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[HONG KONG] Citigroup chose AIA Group to sell life insurance through its branch network in 11 Asia-Pacific countries as the US bank slashes the number of insurers it partners with in the region.

The exclusive 15-year agreement allows AIA, the Asia-Pacific region's third-biggest insurer by market value, to sell products to the US bank's customers in countries from China to Australia, Citigroup and AIA said in separate st…

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