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1 day ago · SINGAPORE – NTUC Enterprise will continue to back Income Insurance and keep it on track to serve its social objectives even after the sale of a large stake to German insurer Allianz, said its ...
4 days ago · We've picked the best single-trip travel insurance with COVID-19 coverage for Singapore travellers, from budget-friendly to comprehensive.
1 day ago · SINGAPORE: Income Insurance will continue to provide affordable insurance for lower-income customers after the deal with Allianz, said NTUC Enterprise chairman Lim Boon Heng on Thursday (Jul 25 ...
1 day ago · Lim highlighted that NTUC Enterprise has historically provided crucial capital support to Income Insurance, such as the capital injection in 2020 during the peak of the COVID-19 pandemic. As insurance is a capital-intensive business, Allianz's strong financial position will offer additional support for Income Insurance's growth.
2 hours ago · SINGAPORE: Yet another former NTUC Income CEO has expressed concerns over the plan for Allianz to acquire a majority stake in Income Insurance. On July 24, CNA quoted Tan Suee Chieh, who had been ...
1 day ago · Lim Boon Heng, Chairman of NTUC Enterprise, emphasised the organisation’s ongoing commitment to Income Insurance, stating that NTUC Enterprise will remain an active shareholder. He highlighted that the Singapore Labour Movement has historically provided essential capital to Income Insurance, which was particularly vital during challenging periods like the pandemic.
3 days ago · He explained that Income was founded to serve a social purpose, offering insurance at affordable rates — an aim which remains valid today. "Income started life as a cooperative of NTUC like ...
