Allianz's Acquisition Won't Have Impact on Market: Fitch Ratings
Allianz's Acquisition Won't Have Impact on Market: Fitch Ratings
This deal will make it the largest property and casualty insurer in Singapore.
這筆交易將使它成爲新加坡最大的財產和意外保險公司。
Allianz's plan of taking the majority stake in Singapore's Income Insurance will most likely not have significance in the Lion-city's insurance market, according to Fitch Ratings.
據惠譽評級稱，安聯在收購新加坡收入保險公司的大部分股權的計劃很可能對獅城的保險市場沒有影響。
This move will even solidify Income Insurance's leading position in the non-life sector, whilst the life sector will continue to be dominated by the top five insurers, such as Great Eastern Life Assurance Company Limited and global insurance group subsidiaries.
這一舉措將進一步鞏固收入保險公司在非壽險板塊的領先地位，而壽險保險板塊將繼續由五大保險公司主導，如大東方控股和全球保險集團子公司。
The acquisition consolidates market positions rather than disrupting them.
收購鞏固了市場地位而非打破它們。
On 17 July, Allianz announced plans to acquire a 51% stake in Income Insurance for about $1.6b, potentially leading to a name change for the Singapore insurer.
7月17日，安聯宣佈以大約16億美元收購收入保險公司51%的股份，這可能導致新加坡保險公司的名稱更改。
Pending regulatory approval, NTUC Enterprise Co-operative Ltd will retain between 21.8% and 49% of shares, depending on other shareholders' acceptance. Income Insurance, a top composite insurer in Singapore with over 50 years of history, stands to gain from Allianz's global expertise and potential synergies.
在等待監管機構的批准下，全國職工總工會企業集團將保留21.8%至49%的股份，這取決於其他股東的接受情況。成立50多年、在新加坡擁有領先綜合保險公司的收入保險公司，將受益於安聯的全球專業知識和可能的協同效應。
This deal will make it the largest property and casualty insurer and the fifth-largest life insurer in Singapore.
這筆交易將使它成爲新加坡最大的財產和意外保險公司，也是第五大壽險保險公司。
"We expect the proposed acquisition will also strengthen Allianz's presence in Asia, a region identified as strategically important for the group's growth, and to elevate it from the ninth- to the fourth-largest composite insurer by insurance revenue in Asia, according to Allianz," Fitch Ratings said in a note. "The proposed acquisition aligns with Allianz's strategic objective to grow inorganically in the non-life sector rather than the life insurance segment and to become a leader in its markets,"
惠譽評級在一份報告中表示：“我們預計，擬議中的收購也將增強安聯在亞洲的業務版圖，這是該集團的成長戰略中被確認爲具有戰略重要性的地區，並將使其在亞洲保險營業收入中從第九名升至第四名。此次擬議中的收購是與安聯的戰略目標一致的，即通過非有機的方式在非人壽保險領域獲得增長，而不是在人壽保險領域，並在市場中成爲領導者。”
Singapore's insurance market, supported by stable economic fundamentals, a sound regulatory framework, and a wealthy population, attracts foreign insurers through mergers and acquisitions.
新加坡的保險市場，由於穩定的經濟基礎、健全的監管框架和富裕的人口，通過兼併和收購吸引着外國保險公司。