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South Africa’s Discovery, AIA to partner for Asian insurance tech venture -Breaking

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© Reuters.

(Reuters) – South Africa’s Discovery (NASDAQ:) Ltd announced Tuesday that it will establish an Asia-focused technology company for health insurance in partnership with the AIA Group, a Hong Kong listed firm (OTC:) Ltd.

Discovery will hold 25%, Amplify Health will be the name of the joint venture. The rest will go to AIA.

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