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Aviva-Singlife merger a sign of PE interest in Asia insurance assets

Singlife CEO Walter de Oude says it plans to expand to Malaysia, Thailand, Vietnam and Indonesia after the deal with Aviva is complete.


INSURANCE bigwig Aviva's headline S$2.7 billion sale of its Singapore operations to homegrown digital insurer Singlife mirrors a global trend of private equity (PE) firms digging into the strong growth of insurance businesses.

With Singlife, that private equity angle...

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