Asian life insurance businesses are getting traded about like Monopoly properties of late and...

|By:, SA News Editor

Asian life insurance businesses are getting traded about like Monopoly properties of late and KKR and Carlyle Group (CG) get in on the action, bidding for a minority stake in Thai Life Insurance Co., a deal said to be worth about $500M. Rising Asian incomes, not to mention interest rates north of zero make selling life insurance in the region an exciting possibility.