Income parent assures of commitment to Singaporeans amid backlash over Allianz deal
July 26 2024 by Georgina Lee-
Marsh promotes Kane Sim to chief client officer for private equity and M&A, Pacific
- July 26
In his previous role, Sydney-based Sim worked as the broker's head of transactional risk for the region.
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PSC Insurance acquires specialist broking group Sherpa Insurance
- July 25
With US$3.9bn in sales, Sherpa Insurance has joined PSC as part of its Sydney branch following the acquisition.
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Allianz’s acquisition of Income is unlikely to change Singapore’s market landscape: Fitch
- July 23
The proposed acquisition is expected to strengthen Allianz’s presence in Asia and to elevate it from the ninth to the fourth-largest composite carrier by insurance revenue in the region.
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Income Insurance acquisition highlights Allianz’s increasing focus on South-East Asia: S&P
- July 22
Allianz Insurance Singapore, rated "A+" with a "stable" outlook, remains a strategically important subsidiary of the group, as the rating reflects the extent of support the rating agency expects from the group.