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Insurer AXA to distribute products through Alibaba

Partnership will accelerate its development in China

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GLOBAL DISTRIBUTION CHANNEL: AXA's Mr Buberl described the partnership as part of the insurer's strategy to seize new business opportunities.

Singapore

FRENCH insurer AXA has partnered Chinese e-commerce giant Alibaba and its affiliate, Ant Financial Services Group, to distribute insurance products and services to consumers around the world as it tries to find ways to grow its business.

On Friday, the three parties