SG-based Income Insurance eyes APAC expansion: Report

Discussions are still in the early stages and may not result in a transaction.

Income Insurance is looking to expand in Asia Pacific through potential partnerships or selling a stake, according to Bloomberg. 

READ MORE: Singapore’s Income Insurance Considering Partnerships or Stake Sale to Help Expand in APAC

Whilst there has been industry interest, discussions are still in the early stages and may not result in a transaction. 

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A representative for Income Insurance stated that the company is open to exploring strategic growth opportunities but declined to comment further.