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NEWS ANALYSIS

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

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

Singapore

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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