Fintech / Insurtech (Insure Tech) - 7 months ago
Sumitomo Life to Acquire Aviva’s Stake in Singlife for S$1.4 Billion
British insurance company Aviva plc has agreed to sell its 25.9% stake in financial services company Singapore Life Holdings (Singlife) to Sumitomo Life Insurance Company in a cash deal worth S$ 1.4 billion. The transaction is expected to close in Q4...