During the parliamentary session on 14 October, NCMP Leong Mun Wai expressed shock over NTUC Enterprise's plan for capital extraction, a key aspect of the Allianz...
In a July 2024 interview, Lim Boon Heng praised the proposed Allianz acquisition of Income Insurance, but subsequent revelations from Minister Edwin Tong raised concerns about...
Income Insurance Limited has acknowledged the Singapore government’s concerns and decision to halt its proposed partnership with Allianz Europe B.V. The company expressed respect for the...
The Singapore government has blocked a proposed deal between NTUC Income and Allianz, citing public interest concerns. The S$2.2 billion transaction sparked widespread opposition over fears...
There is increasing concern over the plan to sell a 51% stake of Income Insurance to a foreign entity, sparking fears among over 1 million policyholders...
Second Minister for Finance Chee Hong Tat confirmed MAS reviewed and approved Morgan Stanley’s appointment as advisor for the Allianz-Income deal, as the chairman recused himself...
On Tuesday (6 August), Ms He Ting Ru, Workers' Party MP for Sengkang GRC, questioned the proposed sale of Income Insurance to Allianz. Despite Income's strong...
On Tuesday's Parliamentary session, NCMP Leong Mun Wai expressed concern that focusing on the capital adequacy of NTUC Income n the proposed sale to German insurer...
Professor Tommy Koh has reiterated his opposition to the sale of Income Insurance to Allianz, supporting former NTUC Income CEO Tan Suee Chieh. Koh stressed the...
Former NTUC Income CEO Tan Suee Chieh has written an open letter to the Monetary Authority of Singapore (MAS) in response to a joint statement from...
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