Sunday 18 August 2024

[Post 679] Income-Allianz deal: Are concerns justified? | Deep Dive podcast





Summary

News that German insurer Allianz is planning to buy a majority stake in Singapore's Income Insurance has led to sharp criticism. Questions are being asked - is Income Insurance, formerly an NTUC co-operative, prioritising profit over people? Or is it moving as all corporations do?

Steven Chia and Crispina Robert speak to Professor Lawrence Loh, director of Centre for Governance and Sustainability at the NUS Business School and Eddy Cheong, CEO of Havend Pte Ltd, an insurance advisory firm.

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