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Allianz to partner with Thai insurer

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Germany-based insurer Allianz S.E. plans to partner with Thai counterpart Sri Ayudhya Capital P.C.L. for its general insurance business in Thailand, Reuters reported. Allianz plans to transfer 100% of its general insurance business in Thailand to Sri Ayudhya Capital's unit Sri Ayudhya General Insurance P.C.L. The business will be operated as a single entity.

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