Singapore grows in appeal for major foreign insurers

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The story "Singapore grows in appeal for major foreign insurers" was covered 7 hours ago by The Straits Times, a news publisher based in Singapore.

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The Straits Times 7h ago

Singapore grows in appeal for major foreign insurers - The Straits Times

Quick Summary:

SINGAPORE - Singapore’s insurance sector is drawing foreign players seeking to grow their footprint in the Republic and in South-east Asia.

Two major deals have hit the headlines in the space of seven months – the acquisition of Singlife by Sumitomo Life and an offer on the table by Allianz for Income Insurance.

Two major billion-dollar deals have hit the headlines in the space of seven months – the completed acquisition of Singapore Life (Singlife) by Japanese insurer Sumitomo Life Insurance and an offer on the table by German insurer Allianz for Income Insurance.