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May 24, 2021 · Homegrown insurer Singapore Life (Singlife) intends to merge with Aviva Singapore in a deal valued at $3.2 billion, which will make it one of the largest in the South-east Asian insurance sector ...
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Singlife with Aviva launches tomorrow (1 January 2022) as a financial services brand offering customers A Better Way to Financial Freedom.It leverages the best of Singlife’s insurtech capabilities and Aviva Singapore’s 40-year track record of providing insurance and investment solutions, advisory capabilities and strong customer base, to help consumers achieve financial freedom.
Aviva and homegrown Singapore Life are merging to become one of Southeast Asia’s biggest insurance players, Aviva Singlife. In a recent media interview, Group CEO Pearlyn Phau explained why the merger of Aviva, one of Singapore’s biggest insurers, and digital innovator Singlife is good for clients and the broader community.
Singlife was established by Walter de Oude in 2017 as the first local insurer to be licensed by the Monetary Authority of Singapore since 1970. In 2018, Singlife acquired the business portfolio of Zurich Life Singapore.
Sep 11, 2020 · The sale of Aviva Singapore is a significant first step in our new strategy to bring greater focus to Aviva’s portfolio. We have achieved excellent upfront value for shareholders but have also retained an investment in a leading Singapore life business with attractive long-term growth potential.
Sep 19, 2020 · By now you are probably aware that Aviva and Singlife are going to merge into one company. You may be wondering how it affects their policyholders and what is the impact of Singapore’s financial industry.
