RL360 Holding Company completed the acquisition of a 76% stake in Friends Provident International from Aviva for $338m.

RL360 Holding Company, an international offshore savings, protection and investment provider, completed the acquisition of a 76% stake in Friends Provident International, a life assurance provider, from Aviva, an international savings, retirement and insurance business, for $338m. "The sale of Friends Provident International is a good outcome for Aviva. It allows us to focus on the significant opportunities we have to grow Aviva’s business across Asia through digital and disrupting the traditional insurance industry," Chris Wei, Aviva Asia & FPIL Executive Chairman.