Deep Dive - Income-Allianz deal: Are concerns justified?
News that German insurance company Allianz is planning to buy a majority stake in Income Insurance has led to sharp criticism. Questions are being asked - is Income Insurance, formerly an NTUC co-operative, prioritising profit over people? Or is it moving as all corporations do? Steven Chia and Crispina Robert speak to Professor Lawrence Loh, director of Centre for Governance and Sustainability at the NUS Business School and Eddy Cheong, CEO of Havend Pte Ltd, an insurance advisory firm.
News that German insurance company Allianz is planning to buy a majority stake in Income Insurance has led to sharp criticism. Questions are being asked - is Income Insurance, formerly an NTUC co-operative, prioritising profit over people? Or is it moving as all corporations do? Steven Chia and Crispina Robert speak to Professor Lawrence Loh, director of Centre for Governance and Sustainability at the NUS Business School and Eddy Cheong, CEO of Havend Pte Ltd, an insurance advisory firm.
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