Non-life, Ratings, Ratings affirmation, SMEs, Strategy

Allianz Singapore expected to reach breakeven in three to five years, says S&P

Allianz Singapore's ratings affirmed, with expectations of continued market growth despite the recent halt of the group's US$1.6bn acquisition of a stake in Income Insurance.

Editorial team

October 28, 2024

•

4 min read

Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

Unlock this insight for free

14 days of access to (Re)in Asia’s premium intelligence
Free daily briefing in your inbox each morning
No credit card required

Already have an account? Sign in →

Read next

Korea insurers denied or underpaid claims worth US$403K over five years: FSS data September 29 2026
Hong Kong reappoints Cheung to lead IA for three years August 14 2026
Kumamoto earthquake losses expected to be "relatively lower" than 2016 event, says Aon July 31 2026
Sun Life Private Wealth strengthens Singapore, Bermuda leadership with three appointments October 12 2026
HDI Global expands Singapore underwriting capabilities with three appointments September 14 2026
Hong Kong insurers face capital, profit volatility risks from new five-year plan: S&P September 22 2026