Income Insurance

Hive by Income to help roll out bite-sized insurance in Thailand

Dhipaya Insurance hopes to expand access to insurance among younger consumers

If insurers need to make a course correction, they should apply their new rules/premiums to new policies.
LETTER TO THE EDITOR

The Integrated Shield Plan is broken

I REFER to the article, “For Integrated Shield Plan insurers, raising premiums should be a last resort”. (BT, Jun 24) But as the French would say, it’s “au contraire”.

Income's total assets grew 2.5 per cent on the year to S$43.4 billion for the financial year ended Dec 31, 2024. Its net asset value per share for the period was S$31.97.

Income Insurance to explore other share liquidity options after scuppered Allianz deal: departing chairman Ronald Ong

The board has proposed that lead independent director Joy Tan to take over as chairman, subject to her re-election and regulatory approvals

Allianz withdrew its pre-conditional voluntary general offer on Dec 16, 2024, after Parliament passed the Insurance (Amendment) Bill under a Certificate of Urgency on Oct 16, 2024.

MAS turns down ex-NTUC Income CEO’s request to meet chairman Gan Kim Yong over Allianz matter

It says the proposal by the German insurer to buy a controlling stake in Income has already been debated in Parliament

Rising hedging costs and a more volatile Taiwan dollar will also likely pressure the insurers' earnings.

Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets

Goldman Sachs has estimated that for every 10% of Taiwan dollar appreciation, the country’s insurers would incur an unrealised currency loss of US$18 billion

Income Insurance chariman Ronald Ong will retire after seven years at helm.

Income Insurance chairman Ronald Ong to retire from role after seven years at helm

He will steer NTUC Enterprise’s private investment portfolio; Income board has begun a succession process to appoint a new chairman

Speaker of Parliament Seah Kian Peng (far left) and Income Insurance CEO Andrew Yeo (second from left) at the flag off for the 5 km and 10 km categories.

Income Eco Run raises S$70,000 for WWF-Singapore

Income Insurance matches S$1 for every kilometre clocked by nearly 5,500 runners

The compromised statements include information such as names, postal address, policy number and plan, and annual bonus for the year 2024.

Details of 146 Income Insurance policyholders compromised after cyber attack of external vendor

[SINGAPORE] The personal and policy information of at least 146 Income Insurance policyholders have been compromised after a ransomware attack of an external vendor engaged by the insurer.