Allianz , Standard Life and Scottish Financial are among firms jockeying to acquire UK insurer Aviva 's Singapore and Malaysia units , according to anonymous insiders . An Aviva logo sits on the window of the company head office in the city of London, Britain March 7, 2019. The deal would be worth as much as £ 2bn ( $ 1 ) . Bloomberg said the talks are at an early stage and subject to change . Asia 's insurance market , worth $ 1.7tn in premiums , is set to make up 42 % of global premiums by 2029 , according to a report by the Swiss Re Institute .
Allianz , Standard Life and Scottish Financial are among firms jockeying to acquire UK insurer Aviva 's Singapore and Malaysia units , according to anonymous insiders . The deal would be worth as much as £ 2bn ( $ 1 ) . Bloomberg said the talks are at an early stage and subject to change . Asia 's insurance market , worth $ 1.7tn in premiums , is set to make up 42 % of global premiums by 2029 , according to a report by the Swiss Re Institute .