Income Insurance Limited
Income Insurance Limited (Income) is one of the leading composite insurers in Singapore, offering life, health and general insurance. Established in Singapore in 1970 to plug a social need for insurance, Income continues to serve the protection, savings and investment needs of individuals, families and businesses today.
See below for the Latest Income Insurance Limited News, Analysis, Profit Results, Share Price Information, and Commentary.
Allianz-Income merger in limbo as parties weigh new rules
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.
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.
Income Insurance launches first hourly travel coverage
The product replaces the previous version, which was limited to Bintan, Batam, and Malaysia.
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.
Income Insurance seeks to fill billion-dollar financing gap in climate transition
The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.
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.
FWD Singapore, Income Insurance partner amidst EV demand
Existing motor policies at FWD Singapore will remain unaffected.
Income Insurance in talks with Allianz over shares
The transaction is not, in any way, final.
Income Insurance debuts in AltaX
Income Insurance shareholders can sell their shares to Phillip Securities.
Singapore’s fintech to contribute 3.6% in 2027
In 2022, the country also had the largest investment attractiveness at 41.1%.
SBR Technology Excellence Awards 2023 Winner: SNACK by Income
SNACK by Income secured the Mobile - Personal Insurance award at the SBR Technology Excellence Awards 2023.
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Commentary
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