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.
NTUC Enterprise, Income Insurance defend Allianz deal amidst stakeholder concerns
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 under credit watch after Allianz announcement
S&P Global said it could downgrade the Singaporean insurer.
Deal boosts Allianz to top ranks in Singapore’s market
Allianz’s Solvency II ratio is expected to reach 203% in Q1 2024.
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 faces CreditWatch by S&P Global
S&P Global aims to resolve the CreditWatch status within the next 90 days.
Income Insurance in talks with Allianz over shares
The transaction is not, in any way, final.
SG-based Income Insurance eyes APAC expansion: Report
Discussions are still in the early stages and may not result in a transaction.
Income Insurance debuts in AltaX
Income Insurance shareholders can sell their shares to Phillip Securities.
Unmarried individuals in Singapore less resilient socially, financially– study
New study baselined the four resilient domains among Singaporeans: social, physical, mental, and financial.
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AI isn’t replacing insurance, it’s finally making it work