Rumours that Aviva is looking to sell its Asia business have not been officially confirmed, but that has not stopped reports that half a dozen companies are mulling a bid.
International Adviser previously reported that the UK-headquartered insurer was understood to be looking to sell its six Asian operations.
Of the China, Hong Kong, India, Indonesia, Singapore and Vietnam operations, only the latter two are wholly owned.
And it is these two units that are attracting the most attention, according to newswire Reuters.
The deal could net Aviva up to $2.5bn (£2bn, €2.27bn).
In the running
Allianz, Nippon Life, MS&AD Insurance and Sun Life Financial were the companies named in the Reuters article, but the newswire reported that roughly half a dozen suitors were competing for the Singapore and Vietnam businesses.
Aviva declined to comment when contacted by International Adviser.
