Mitsui Sumitomo enters Singapore health insurance via local stake

Japan firm eyes expansion into Indonesia and Vietnam markets

20240905N Singapore financial

Interest in health insurance is growing in Southeast Asia as health awareness rises. (Photo by Fumito Akiyama)

NATSUMI IWATA, Nikkei staff writer

TOKYO -- Japan's Mitsui Sumitomo Insurance will begin marketing health insurance products in Singapore from October through an investment in local insurance company Serenity Health Partners, with plans to expand into Indonesia and Vietnam from next year on.

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