News Life and Health01 Jul 2019

Thailand:Life insurer makes another acquisition


Hard on the heels of its recent acquisition in Hong Kong, FWD will be making another acquisition in Thailand. The Siam Commercial Bank (SCB) has signed a binding share sale agreement with FWD regarding the sale of its entire stake in SCB Life Assurance (SCB Life) and concurrently entered into a distribution agreement to establish a long-term life bancassurance partnership with the insurer.

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