Aviva PLC (LSE:AV.) had completed its exit from Singapore Life Holdings through a £937 million disposal.
The FTSE 100-listed insurance firm first announced the disposal of its 25.9% stake in Singapore Life to Sumitomo Life in September 2023.
Aviva’s chief executive Amanda Blanc said it was to simplify the business’ global operations while focusing on the UK, Ireland and Canada markets.
The disposal was initially tipped to bring in £800 million for Aviva, but the deal value was subsequently revised higher in December.