Manulife (International) Ltd and Industrial and Commercial Bank of China (Macau) Ltd say they have formed a bancassurance partnership in Macau. The partnership will enable Manulife International to sell life and medical insurance policies and pension plans through ICBC Macau branches. Manulife International is part of Canada’s Manulife financial services group. ICBC Macau belongs to the mainland’s Industrial and Commercial Bank of China Ltd.
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