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Income Insurance controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2024

    Controversy over proposed Allianz sale

    The proposed sale of a 51% majority stake in Income Insurance to Allianz triggered opposition from some former and prominent public figures and raised questions about the compatibility of the transaction with Income's social-enterprise heritage. The Singapore Government blocked the transaction in October 2024, and Allianz was subsequently reported not to be proceeding.

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