Income's market-leading position in non-life market will be strengthened, but life segment will continue to be dominated by established players, says Fitch.
The recently designated 'domestic systematically important insurer', had its stand-alone credit profile upgraded following its reduced use of leverage.
The Monetary Authority of Singapore (MAS) has designated AIA, Prudential Assurance, Income Insurance, and Great Eastern as domestically systemically important insurers (D-SIIs), subjecting them to higher...
