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S&P affirms NTUC Income's 'AA-' rating

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Tay Peck Gek

Tay Peck Gek

Published Wed, Jan 2, 2019 · 09:50 PM

Singapore

NTUC Income Insurance Co-operative has its "AA-" rating affirmed by S&P Global Ratings for both its local currency long-term issuer credit and financial strength.

With its stable outlook, the co-operative is expected to remain among Singapore's top five insurers these two years, the rating agency said.

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