Allianz and Nippon Life join race to buy Aviva's Singapore and Vietnam operations

Pedro Gonçalves
clock • 1 min read

German insurer Allianz, Nippon Life and MS&AD Insurance are competing with rivals to buy the Singapore and Vietnam businesses of Britain's Aviva in an estimated $2.5bn deal. Canada-based Sun Life Financial as well as Manulife Financial are also in the race. These firms are vying with half a dozen bidders competing for the businesses Reuters reported quoting sources familiar with the development. Aviva confirmed earlier this year that it was examining options for a sale of the business a...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?