Sim brings more than two decades of experience in casualty insurance, most recently serving as Assistant Vice President of General Casualty at Allied World.
Former company chair Ronald Ong said shareholders have “persistently, strongly and increasingly requested a viable liquidity option” since Income’s corporatisation.
Robust motor, accident, and health premiums lifted China’s non-life sector in Q1 2025, while life insurers faced slower growth and rising exposure to market volatility, says Fitch.
