Singapore Life seeks to expand across SE Asia following Aviva deal

Singapore Life (Singlife), the nascent insurer which last week acquired a majority shareholding in Aviva's Singapore business, has said it wants to expand its business across South-East Asia.  At £1.7bn, the recently-announced merger is one of the biggest deals in the history of the insurance sector. The expanded business, which was only founded in 2014, will almost overnight become one of the biggest players in the Asian insurance sector. As part of the deal, which is expected to be fully completed by January, Singlife will gain accecss to Aviva's 1.5 million clients and see its asse...