The Singapore government intervened to stop a proposed deal between Income Insurance and German-based insurance giant Allianz ...

SINGAPORE: Singapore’s former oil tycoon Lim Oon Kuin will be sentenced on November 18 for cheating and forgery in a trading ...

Unlike 2022, all of the top five richest countries in the world had positive growth in net financial assets in 2023. Of these ...

Three adjoining three-storey shophouses in Jalan Besar are up for sale at $44m via public tender, according to Knight Frank.

German insurer Allianz said late on Monday that it will consider revisions to the proposed transaction structure to acquire a ...

Singapore government spells out why it rejected Allianz and Income Insurance deal To access the premium content on InsuranceERM, you must first sign in to your account. Not registered? Sign up today ...

Tech funding in Singapore fell 26% YoY but grew 9% QoQ to US$397m in Q3 2024, Tracxn reported. The YoY decline was observed ...

Allianz and NTUC Enterprise were informed of the rejection shortly before the government decision was made public. Read more ...

Income Insurance also said that it "respects" the government's decision and will work closely with the relevant stakeholders ...

It is also not clear what Income might do after the capital extraction, for example to adjust or trim its insurance portfolio ...

Hepmil Media Group has named Michelle Tan (pictured left) as its new Singapore CEO and Cassi Yang (pictured right) as its new ...

The government has tabled an amendment to the Insurance Act in Parliament, enabling the Monetary Authority of Singapore (MAS) ...