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UK’s Hiscox to sell Singapore and Thailand insurance business
UK’s Hiscox to sell Singapore and Thailand insurance business
Published by Uma Rajagopal
Posted on September 27, 2023

Published by Uma Rajagopal
Posted on September 27, 2023

UK’s Hiscox to sell Singapore and Thailand insurance business
(Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapore and Thailand, to Ignite Thailand Holdings following a strategic review.
The company expects the deal to be completed by the end of 2023.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Sherry Jacob-Phillips)
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