CGNU plc has entered into a second bancassurance partnership with DBS Group Holdings Ltd to enter the Hong Kong long-term savings market.
CGNU established a partnership with DBS, the largest banking group in South East Asia, in Singapore in July 2001.
Group Executive Director Philip Twyman said: "This transaction deepens our strategic relationship with DBS following the encouraging start to our partnership in Singapore. We will also consolidate our top-five position in the Hong Kong general insurance market."
