Aviva admitted the Asia business was for sale last month
Allianz, Nippon Life and MS&AD Insurance are among several companies aiming to get their hands on Aviva’s Singapore and Vietname business, Reuters reported today.
The business will likely come with a $2-$2.5bn price tag.
Other companies vying to snap up the business include Canada’s Sun Life Financial. The deadline for the first round of formal bids is understood to be the end of this year.
Chief executive Maurice Tulloch admitted last month the Asian business was under review and said there could be a sale.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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