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Income Insurance News

Allianz Abandons Income Insurance Deal Amid Singapore Government Concerns

Emily Rodriguez 16 Dec, 2024

Allianz withdraws offer to acquire Income Insurance after Singapore government intervention, citing concerns over the deal's impact on Income's social mission. NTUC Enterprise ackn...

Business

Allianz Abandons Income Insurance Acquisition Amid Public Opposition

James Carter 14 Dec, 2024

Allianz SE has abandoned its proposed $1.58 billion acquisition of Income Insurance Ltd due to public opposition. The deal would have made Allianz the fourth largest insurer in Asi...