The blocked sale of Income Insurance Ltd. to Allianz SE has emerged as a political flashpoint in Singapore’s elections.

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Singapore’s government made a rare intervention in a merger deal, stepping in to block a controversial $1.7 billion deal by Germany’s Allianz to buy Income Insurance, a cooperative-turned-company.

(Bloomberg) -- Allianz SE is close to scrapping a proposed S$2.2 billion ($1.6 billion) acquisition of Singapore’s Income Insurance Ltd. following public backlash to the deal, people with ...

Morgan Stanley lowered the firm’s price target on Allianz (ALIZY) to EUR 321 from EUR 326 and keeps an Equal Weight rating on the shares.Stay ...

FRANKFURT (Reuters) -The German insurer Allianz said on Monday that it was selling its 26% stake in two joint ventures with India's Bajaj Finserv to the Bajaj Group for around 2.6 billion euros ($ ...