Allianz Withdraws $1.63B Offer for Singapore’s Income Insurance December 16, 2024 By Yantoultra Ngui German insurer Allianz has withdrawn its offer to acquire at least 51% of Singapore’s Income Insurance for about $1.63 billion,...
Singapore Amends Law to Stop Allianz’s Insurance Deal October 17, 2024 By Philip J. Heijmans Singapore lawmakers passed an amendment to a bill that will effectively block Allianz SE’s proposed S$2.2 billion ($1.7 billion) acquisition...
Specialist Risk Group Launches APAC Unit in Singapore, Buys Local Broker October 15, 2024 Specialist Risk Group (SRG), the London-based specialist insurance intermediary that is majority-owned by Warburg Pincus and Temasek, announced its launch...
Singapore Blocks $1.7 Billion Allianz-Income Insurance Deal October 15, 2024 By Philip J. Heijmans and Elffie Chew The Singapore government will block a proposed S$2.2 billion ($1.7 billion) deal by Allianz SE to buy a majority stake...
Singapore Monetary Authority Defends Allianz’s $1.7B Plan to Buy Income Insurance August 6, 2024 By Elffie Chew and Andrea Tan Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would...
Allianz Makes $1.6 Billion Offer for 51% of Singapore’s Income Insurance July 17, 2024 By Elffie Chew Allianz SE agreed to buy a majority stake in Singapore’s Income Insurance Ltd. for about S$2.2 billion ($1.6 billion) to...
Singapore’s Income Insurance, Allianz in Talks on Potential Transaction June 14, 2024 Singapore’s Income Insurance Ltd is in discussion with Allianz regarding a transaction relating to its shares in Income Insurance, it...
Singapore’s Income Insurance Weighs Partnerships or Stake Sale for APAC Expansion May 24, 2024 By Denise Wee, Elffie Chew and Manuel Baigorri Singapore’s Income Insurance Ltd. is exploring options as it looks to expand across the Asia Pacific region, including possibly tying...
Mosaic Insurance Opens Singapore Office, Hiring 2 Specialty Underwriters March 13, 2023 Mosaic Insurance has opened an office in Singapore and hired two specialty underwriters to build its transactional liability business across...
Lloyd’s Third-Party Managing-Agent Asta Opens Service Company in Singapore March 10, 2023 Asta, the leading third-party managing agent at Lloyd’s, announced it is strengthening its global presence by establishing a service company...