Commentary: Here's why Income-Allianz deal isn't necessarily a bad thing for customers

Quick Summary:

There has been public outcry around the plan to sell a majority stake in the former NTUC Income co-operative to a foreign multinational.

But a viable, competitive Income Insurance is in the best interests of Singaporean customers, says NUS Business School's Lawrence Loh.

Income Insurance seems to be stuck in the current set of products and markets.

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Article Details

Category: EconomyBusiness

Markets: SingaporeFrance

Topics: Ntuc Workers Company Co-operative Insurance Billion Social Products Cent Allianz Income

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 21:06:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1045 words

Reading Time: 6 minutes read

Sentences: 51 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21824633

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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