South Africa's Discovery, AIA to partner for Asian insurance tech venture

The logo of South Africa's Discovery group in seen on its headquarters in Sandton, Johannesburg, South Africa, February 20, 2020. REUTERS/Mike Hutchings

Feb 15 (Reuters) - South Africa's Discovery Ltd (DSYJ.J) said on Tuesday it would set up an Asia-focused health insurance technology business in partnership with Hong Kong-listed AIA Group Ltd (1299.HK).

Discovery will own 25% of the joint venture, to be called Amplify Health, while AIA will own the rest.

Reporting by Amna Karimi in Bengaluru; Editing by Sriraj Kalluvila

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