Company: Monetary Authority of Singapore Page 1 / 1
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- November 15 2024
‘No guarantee’ Allianz-Income deal will proceed, discussions ongoing
Allianz and Income Insurance said they are still having discussions on amendments to the proposed acquisition deal.
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- November 14 2024
Singapore blocked Income-Allianz deal over US$1.4bn ‘capital extraction’ plan
The proposed plan is “very different in both its nature and quantum” and “does not align with the representations NTUC Income made” to the government, MAS chairman said.
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- November 4 2024
Reinsurance to support Asia’s climate, energy, digital, and demographic transition: MAS chairman
Insurance ecosystem, AI and alternative risk transfer markets will reinforce Singapore as Asia’s leading reinsurance hub, minister Gan Kim Yong said in the keynote address, opening this year’s SIRC.
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- December 11 2023
Singapore mulls expanding policy owner protection to third-party liability, travel cover
MAS' consultation paper proposes to enhance the coverage, simplify design, and improve operational efficacy of the insurance policy owners' protection scheme and it is open for comments till February 16, 2024.
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