Aviva closes divestment of entire shareholding in Aviva Life Insurance Company Limited (“Blue”)

Aviva divests entire shareholding in Aviva Life Insurance Company Limited (“Blue”)

(PRESS RELEASE)LONDON, 10-Dec-2020 — /EuropaWire/ — British multinational insurance company Aviva plc announces the completion of sale of its entire shareholding in its Hong Kong joint venture, Aviva Life Insurance Company Limited¹ (“Blue”). The buyer is its joint venture partner, Hillhouse Capital.

The sale of Aviva’s shareholding in Blue was announced on 20 November 2019.

This is the fourth transaction Aviva has completed this year. Aviva continues to work at pace, taking decisive actions to focus the portfolio and transform the company.

Notes:

_{¹Now known as Blue Insurance Limited.}

-ENDS-

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SOURCE: Aviva plc