(RTTNews) - Reinsurer Swiss Re Ltd. (SSREY.PK) Tuesday announced its agreement to sell iptiQ's European Property & Casualty or P&C business to Allianz Direct, affiliated to Allianz Group (ALIZY).
SINGAPORE: The Singapore government has intervened to stop the proposed deal between Income Insurance and German insurer Allianz. Under the proposed transaction, which was announced on Jul 17 ...
The fraying of the proposed union between German insurer Allianz and Singapore’s Income Insurance has left people close to the matter shell-shocked and red-faced. Sources told The Straits Times ...
SINGAPORE - German insurer Allianz said late on Oct 14 that it will consider revisions to the proposed transaction structure to acquire a majority stake in Singapore’s Income Insurance.
Singapore’s government made a rare intervention in a merger deal, stepping in to block a controversial $1.7 billion deal by Germany’s Allianz to buy Income Insurance, a cooperative-turned-company.
SINGAPORE: Income Insurance has enough capital to meet its liabilities and existing policyholders need not be concerned, despite a proposed deal with German insurer Allianz being blocked ...
SINGAPORE, Oct 14 (Reuters) - Singapore will block a bid by German insurer Allianz (ALVG.DE), opens new tab to buy a majority stake in Singapore's Income Insurance but remains open to a new deal ...
The Singapore government will block a proposed S$2.2 billion ($1.7 billion) deal by Allianz SE to buy a majority stake in a homegrown insurance firm, three months after the transaction sparked a ...
THE deal between Income Insurance and German insurer Allianz will be called off, as the Singapore government has assessed that it is “not in the public interest” for the proposed transaction to ...