TPG-Backed Insurer Singlife On Hunt for Southeast Asia Deals
- Singapore insurer seeks assets in Indonesia, Vietnam
- Singlife prefers acquisitions route instead of licenses
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Singapore Life Holdings Pte., the insurer that has grown through acquisitions, is on the lookout for more assets to buy, particularly in the Southeast Asian markets of Indonesia and Vietnam.
The Singapore-based firm, with its sights set on being a regional player, is also eying an initial public offering within five years, its group chief executive officer Pearlyn Phau said in an interview Wednesday.