Sumitomo Life to buy Aviva’s stake in Singlife for US$1bn

Aviva will receive US$998m for its equity stake and two debt instruments, with Sumitomo Life increasing its total shareholdings to 49%.

Share

Sumitomo life to buy avivas stake in singlife for usbn
Picture of Editorial team

Editorial team

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

Stay ahead with precise, independent journalism of APAC's insurance markets.

Unlocked access today:

Already subscribed? Log in using the form below or click here

Read next

rising-nat-cat-awareness-construction-projects-to-drive-japanese-property-insurance-recovery-in-2024-globaldata
asia-air-deals-rise-as-reinsurers-face-end-in-sight-for-us-and-uk-markets
asset-risk-higher-for-asia-pac-pampc-insurers-than-us-carriers
hong-kong-insurers-solvency-ratios-halve-under-rbc
emering-asias-middle-class-women-have-appetite-to-spend-more-on-insurance-peak-re-report
Cyber
global-reinsurers-nat-cat-budgets-under-threat-from-hurricane-milton
apac-reinsurance-takes-on-renewed-importance-following-fed-rate-cuts
asia-pac-hnws-offer-major-growth-for-insurers-swiss-re
indonesia-nonlife-market-shifts-up-a-gear-ahead-of-motor-insurance-mandate

Share this article