Allianz Makes $1.6 Billion Offer for 51% of Income Insurance

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Insurance Journal - Jul 17, 2024

Allianz has made an offer to acquire at least 51% of Singapore’s Income Insurance Ltd. in a transaction valued at about S$2.2 billion ($1.6 billion). The planned acquisition will significantly strengthen Allianz’s presence in Singapore, Europe’s biggest insurer said in …...

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