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Income Insurance

2025 in review: CDL spat, Hyflux trial among corporate events that shook Singapore

Six out of seven insurers raised premiums for Integrated Shield plans, riders in 2025

An Integrated Shield plan is optional health coverage provided by private insurance companies on top of MediShield Life.
An Integrated Shield plan is optional health coverage provided by private insurance companies on top of MediShield Life.

Former RWS CEO Tan Hee Teck to replace Lim Boon Heng as NTUC Enterprise chairman

Mr Tan Hee Teck (right) will take over the reins from former Cabinet minister Lim Boon Heng (left). PHOTO: NTUC ENTERPRISE
Mr Tan Hee Teck (right) will take over the reins from former Cabinet minister Lim Boon Heng (left). PHOTO: NTUC ENTERPRISE

‘I take ultimate responsibility’: Lim Boon Heng on failed Allianz-Income union

Former cabinet minister Lim Boon Heng's retirement will be announced internally as soon as this week, Bloomberg’s report said.
Former cabinet minister Lim Boon Heng's retirement will be announced internally as soon as this week, Bloomberg’s report said.

Branded Content

Journeying hand in hand with S'poreans: 55 years of growing together

Ms Tay Mui Lan (left), who was diagnosed with a brain tumour five years ago, with her mother (right). Together, they run the family curry puff business along East Coast Road.
Ms Tay Mui Lan (left), who was diagnosed with a brain tumour five years ago, with her mother (right). Together, they run the family curry puff business along East Coast Road.

Income Insurance must balance rigour with greater empathy, compassion: NTUC chief Ng Chee Meng

In his judgment, the deputy registrar rejected NTUC Income’s “remarkably thin” arguments in rejecting paying for some of the medical expenses that were covered by payouts from MediShield Life.
In his judgment, the deputy registrar rejected NTUC Income’s “remarkably thin” arguments in rejecting paying for some of the medical expenses that were covered by payouts from MediShield Life.

News analysis

Market versus mission: What will Income Insurance choose?

To move forward sustainably, Income should consider confronting its legacy shareholder issues once and for all.
To move forward sustainably, Income should consider confronting its legacy shareholder issues once and for all.

‘We just want our money’: Income Insurance shareholders disappointed at failed Allianz deal

atagm24 - The crowd arriving to attend Income Insurance's annual general meeting on June 24, 2025, at The Star Vista, Buona Vista. 

Credit: Angela Tan
Permission: For ST use only 
upload these photos to biz folder
atagm24 - The crowd arriving to attend Income Insurance's annual general meeting on June 24, 2025, at The Star Vista, Buona Vista. 

Credit: Angela Tan
Permission: For ST use only 
upload these photos to biz folder

MAS sets on record its regulatory oversight in Allianz’s offer for Income Insurance

CMG20240717-YeapCT03/叶振忠/王阳发/Outlook of INCOME Centre , they are selling the entire business to Alliance [81 Victoria St, Singapore 188534]
德国金融服务巨头安联(Allianz)计划收购英康保险(Income Insurance)至少51%的股份,交易金额约为15亿欧元(22亿新元)。安联于星期三(7月17日)下午发布文告宣布这个消息,收购价格为每股40.58元。这个价格显著高于之前在私人证券交易所的成交价19元。
CMG20240717-YeapCT03/叶振忠/王阳发/Outlook of INCOME Centre , they are selling the entire business to Alliance [81 Victoria St, Singapore 188534]
德国金融服务巨头安联(Allianz)计划收购英康保险(Income Insurance)至少51%的股份,交易金额约为15亿欧元(22亿新元)。安联于星期三(7月17日)下午发布文告宣布这个消息,收购价格为每股40.58元。这个价格显著高于之前在私人证券交易所的成交价19元。

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.