News Regional22 Jul 2024

Allianz to become Asia's 4th biggest composite insurer on completion of purchase of majority stake in Income Insurance

| 22 Jul 2024

German global insurer Allianz's proposed acquisition of a majority stake in leading Singapore insurer, Income Insurance, would clearly strengthen Allianz's business profile in Asia, a strategic area of growth for the group, says Mr Manuel Arrive, a director of insurance at Fitch Ratings.

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