British life and general insurer Aviva Plc will retain its operations in Singapore and China, it said on Monday, amid speculation of a sale of the Singapore business. Aviva, which said earlier this year it was reviewing its Asia business and is due to unveil a strategy update this week under new CEO Maurice Tulloch, issued the statement in response to media speculation. It said it decided to retain its Singapore operations despite takeover offers. …read more
Source:: Yahoo Finance