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.

Why Singapore health insurers lag in aligning brand and reality

Forrester said insurers must offer more affordable healthcare plans.

Income Insurance launches grant with NCSS to aid caregivers

The insurer will fund up to 20 SSA-run programmes over two grant calls from 2025-2030.

Income Insurance defends failed Allianz deal as capital boost

Chariman Ong also announced his decision to step down after seven years.

Income to fully reimburse policyholders affected by Jetstar Asia closure

The airline is expected to report a net loss this financial year.

Income Insurance to maintain strong market position: S&P

However, upcoming accounting changes and business expansion may pose risks.

Allianz may drop $1.63b bid for Income Insurance: Report

Sources familiar with the matter told Bloomberg.

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.

K-pop craze may spur demand for Income Insurance’s hourly travel cover

The Singaporean insurer is targeting spontaneous travellers who love concerts.

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 introduces new EV plan, ‘range anxiety’ coverage

The plan has optional coverage for private charging stations up to $3,880.90.

Income Insurance's risk diversification tempers capital charges

On a stand-alone basis, it is expected to keep a strong business presence in SG.

MAS to assess capital plans in Allianz-Income deal

It will evaluate if Allianz’ acquisition meets regulatory requirements.

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.