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For Income to do good, it must first do well

Income faces intense competition from other insurers. It risks irrelevance if it spurns the Allianz deal, which offers a way to gain capital and access to other markets.

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The sale of Income’s majority equity can be a way to gain capital and access to other markets, says the writer.

The sale of Income’s majority equity can be a way to gain capital and access to other markets, says the writer.

PHOTO: ST FILE

Yu-Foo Yee Shoon

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The past few weeks have seen a flurry of views on

the sale of a majority stake in Income Insurance

to German insurer Allianz.

I would like to share my own perspective on the matter and offer some suggestions.

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