The deal between German insurer Allianz and Income Insurance has been called off by the Singapore Government over concerns ...

GERMAN insurer Allianz will consider revising the proposed transaction structure to purchase a majority stake in Singapore’s ...

NTUC Enterprise has a 72.8% stake in Income. Allianz announced in July that it wanted to buy a 51% stake in Income Insurance for 2.2 billion Singapore dollars, equivalent to US$1.68 billion, as part ...

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Singapore has moved to block a deal that would have allowed German insurer Allianz to own a majority stake in local insurer ...

Income and NTUC Enterprise said that they will work closely with relevant stakeholders to decide on the next course of action ...

Prime Minister Lawrence Wong says the government remains open to a new deal if the concerns are fully addressed.

The Ministry of Culture, Community and Youth says it is not confident that the proposed transaction would not affect Income, ...

Singapore will block a bid by German insurer Allianz to buy a majority stake in Singapore's Income Insurance but remains open ...

Singapore blocks Allianz's $2.2bn bid for Income Insurance To access the premium content on InsuranceERM, you must first sign in to your account. Not registered? Sign up today for free.

MCCY concluded there was sufficient basis to intervene to protect the public’s interest, after reviewing it Read more at ...