Allianz
Allianz is a German multinational financial services company headquartered in Munich. Its main businesses are insurance and asset management. The company has many subsidiaries all over the world including Asia.
See below for the Latest Allianz Limited News, Analysis, Profit Results, Share Price Information, and Commentary
Income Insurance defends failed Allianz deal as capital boost
Income Insurance defends failed Allianz deal as capital boost
Chariman Ong also announced his decision to step down after seven years.
Allianz signs MGA deal with Hydor for Asia marine liability cover
Hydor will be authorised to underwrite a range of marine liability products.
Allianz-Income merger in limbo as parties weigh new rules
A CEO said there is no guarantee that any transaction will take place.
SG justifies blocking $2b capital withdrawal in Income-Allianz deal
This proposed extraction does not align with the representations made to MCCY.
NTUC Income ex-CEO backs gov’t decision to halt $2.2b Income-Allianz deal
The government cited public interest concerns for calling the deal off.
Income-Allianz deal off on social concerns, says Singapore
The gov’t found no binding provisions in the deal to safeguard social mission post-acquisition.
Singapore lands 4th place in net financial assets per capita ranking
An average household has a net financial asset of $246,944.
Allianz's H1 2024 solid, Income to reap double-digit ROI
Its net income surged double-digit YoY.
MAS confirms no competitive concerns with Allianz deal
Income's market share in life and general insurance is less than 10%.
NTUC Enterprise, Income Insurance defend Allianz deal amidst stakeholder concerns
Suee Chieh Tan claimed that NTUC Enterprise raised its stake in the co-operative.
Allianz acquisition aims to enhance Income Insurance's capabilities: NTUC Enterprise
The Singaporean insurer needs strong and continuous capital support.
Income Insurance keeps affordable insurance offerings post-deal: NTUC Enterprise
It will still participate in national insurance programmes with the CPF Board.
Allianz’s acquisition won’t have impact on market: Fitch Ratings
This deal will make it the largest property and casualty insurer in Singapore.
Allianz plans to acquire majority stake in Income Insurance for $1.64b
This is also equivalent to a 51% majority stake in the SG-based insurer.
Income Insurance continues talks with Allianz
It announced its interest in a transaction last 14 June.
Income Insurance in talks with Allianz over shares
The transaction is not, in any way, final.
Allianz Partners collaborates with MoneyHero for travel insurance
The policy is underwritten by Tokio Marine Insurance Singapore.
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