Aviva / Singlife 2020
Aviva Singapore acquired Singlife for $2.3B on September 1, 2020.
- Target
- Singlife
- Acquirer
- Aviva Singapore
- Deal value
- $2.3B
- Announced
- September 1, 2020
- Sub-sector
- Insurtech
Transaction overview
- Aviva Singapore announced the acquisition of Singlife on September 1, 2020 for $2.3B.
Strategic rationale
Merger creates largest insurer in Singapore by combining digital-first Singlife platform with Aviva's distribution and scale.
Deal terms & multiples
Sources
- businessinsider.com /singlife-largest-insurer-singapore-after-23b-merger-2020-12