Singapore’s Income Insurance Considering Partnerships or Stake Sale to Help Expand in APAC
- Income Insurance also said to be considering selling a stake
- Singapore-based insurer seeking to grow in Asia Pacific region
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Singapore’s Income Insurance Ltd. is exploring options as it looks to expand across the Asia Pacific region, including possibly tying up with a partner or selling a stake, according to people familiar with the matter.
While Income Insurance has received interest from industry peers, considerations are preliminary and may not lead to a transaction, the people said, asking not to be identified because the matter is private.