Insurance
Allianz acquisition aims to enhance Income Insurance's capabilities: NTUC Enterprise
Allianz acquisition aims to enhance Income Insurance's capabilities: NTUC Enterprise
The Singaporean insurer needs strong and continuous capital support.
Claims submission office opens in Singapore for Marine Honour oil spill
Whilst the shipowner is liable for damages, their liability is capped.
Red flags raised in Singapore's malpractice claims environment
These cases could see increased awards and higher premiums.
United Overseas Insurance Profits Rise 14.9% YoY in H1 2024
Thanks to a surge in its dividend income on a year-on-year basis.
Income Insurance keeps affordable insurance offerings post-deal: NTUC Enterprise
It will still participate in national insurance programmes with the CPF Board.
AIA Singapore gifts 6-month free coverage for national day
It plans to provide six months of complimentary insurance coverage.
Allianz Partners Expands SIA Insurance Offer in Australia
Passengers can purchase insurance during the booking process.
Allianz’s acquisition won’t have impact on market: Fitch Ratings
This deal will make it the largest property and casualty insurer in Singapore.
Prudential Financial Advisers aims for 1,000 reps by end of 2024
By the end of 2025, it hopes to see 1,500 representatives.
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.
Health insurance essential, but too much can rack up prices: MOH
With rising claims, insurers are barely profiting from health insurance.
IRAS, MAS revise tax treatment of insurance reserves
Previously, reserves were non-deductible as estimates of contingent liabilities.
Sumitomo Life's Singlife purchase tops SEA acquisitions in H1 2024
The acquisition valued the Singaporean insurer at S$4.6b.
FWD Singapore, Income Insurance partner amidst EV demand
Existing motor policies at FWD Singapore will remain unaffected.
Tokio Marine opens new financial advisory arm in Singapore
The life insurer aims to offer a more integrated financial service experience.
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