Allianz SE and Income Insurance Ltd discuss potential partnership or stake acquisition for Income's Asia Pacific expansion.
Allianz SE and Singapore's Income Insurance Ltd are reportedly in talks about a potential tie-up, which could involve Allianz acquiring a stake in Income or a partnership agreement. Income is exploring options to expand across the Asia Pacific region. Talks are ongoing, and no final decisions have been made. Income Insurance offers life, health, and general insurance and has about 1.7 million customers.
June 14, 2024
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