Commentary: What’s behind the concern over Allianz’s bid for Income Insurance?
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Questions had been raised about a possible conflict of interest as Ronald Ong is the chairman of Income Insurance and also a senior executive at Morgan Stanley, the insurer’s appointed financial adviser for the proposed acquisition by Allianz.
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Singapore is better served by an Income Insurance that puts people before profits, not profits before people, says former NTUC Income CEO Tan Suee Chieh on the Allianz deal.
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Based on what you’ve read
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