🇸🇬The right outcome for Income? Not a merger with Allianz
"success of #NTUCIncome can be seen fr e fact tt in 2022, it had a surplus of $2bil.. Income may hv less than 10% market share in #life #insurance, but it has leading mkt shares in other segments, eg 22% share in #health insurance.. Income is a #socialenterprise & not a shareholder-driven insurance co.. no pressing need to expand.. It's not as if Income’s case is unique. There are many successful egs in Canada & EU"
https://ipscommons.sg/the-right-outcome-for-income-not-a-merger-with-allianz/