Tag Archives: Income Insurance Acquisition Plan

Allianz Halts Income Insurance Acquisition Plan Amid Singapore’s Regulatory Concerns, Reaffirms Commitment to Asia-Pacific Growth

(IN BRIEF) Allianz has withdrawn its offer to acquire a majority stake in Income Insurance Limited following regulatory concerns raised by the Singapore Government and amendments to the Insurance Act. The offer, announced in July 2024, was intended to secure … Read the full press release