Allianz to acquire majority stake in Singapore’s Income Insurance

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Reinsurance News - Jul 17, 2024

Allianz Group, a global insurer and asset manager, through its wholly owned subsidiary Allianz Europe B.V., has offered Singapore-domiciled insurer Income Insurance a pre-conditional voluntary cash general offer to acquire at least 51% of its shares. This strategic move will propel Allianz from the...

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