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.
這筆交易將使其成爲新加坡最大的財產和意外傷害保險公司。
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.
惠譽評級稱，安聯收購新加坡收入保險多數股權的計劃很可能不會對獅城的保險市場產生重要影響。
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.
此舉甚至將鞏固收入保險在非人壽領域的領先地位，而人壽行業將繼續由前五名保險公司主導，例如大東方人壽保險有限公司和全球保險集團子公司。
The acquisition consolidates market positions rather than disrupting them.
此次收購鞏固了市場地位，而不是破壞了市場地位。
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，安聯宣佈計劃以約16億美元的價格收購收入保險公司51％的股份，這可能會導致這家新加坡保險公司更名。
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.
在監管部門批准之前，NTUC企業合作有限公司將保留21.8％至49％的股份，具體取決於其他股東的接受。Income Insurance是擁有50多年曆史的新加坡頂級綜合保險公司，將受益於安聯的全球專業知識和潛在的協同效應。
This deal will make it the largest property and casualty insurer and the fifth-largest life insurer in Singapore.
這筆交易將使其成爲新加坡最大的財產和意外傷害保險公司和第五大人壽保險公司。
"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，擬議的收購還將加強安聯在亞洲的影響力，該地區被確定爲對集團增長具有重要戰略意義的地區，並使其從亞洲保險收入排名第九升至第四大綜合保險公司。”“擬議的收購符合安聯的戰略目標，即在非人壽領域而不是人壽保險領域實現無機增長，併成爲其市場的領導者，”
Singapore's insurance market, supported by stable economic fundamentals, a sound regulatory framework, and a wealthy population, attracts foreign insurers through mergers and acquisitions.
新加坡的保險市場在穩定的經濟基本面、健全的監管框架和富裕人口的支持下，通過併購吸引了外國保險公司。