Dah Sing to sell insurance arm to China’s Thai Hot

The Hong Kong group has extracted a high price at a time when Chinese insurers and property firms are increasingly looking to diversify overseas.

Alison Tudor-Ackroyd

June 02, 2016

Hong Kong’s Dah Sing has agreed to sell its insurance operations to Chinese conglomerate Thai Hot for $1.4 billion, according to a person familiar with the matter on Thursday, the latest sign that Chinese insurers and property firms are looking to diversify overseas.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.