French bank BNP Paribas and AXA Corporate Solutions have signed an exclusive partnership agreement to offer cargo insurance policies.

The new product will be offered globally via a network of 50 BNP Trade Centres.

The product covers goods against damage while in transit by ship, inland waterway, land or air.

BNP Paribas is the number one French bank by market capitalisation and has a presence in over 85 countries.

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