Income Insurance: Analysis of its Corporate Governance, Financial Reporting and Performance Before the Allianz Offer

Posted by Mak Yuen Teen | Jun 3, 2025 | Articles

The Centre for Investor Protection has released Part 1 of a two-part analysis of Income Insurance. This first part analyses the corporate governance, financial reporting and performance of Income Insurance before the Allianz offer, which was eventually withdrawn.

The analysis can be downloaded from the CIP website here: https://bschool.nus.edu.sg/cip/articles/broken-allianz-with-income/

About The Author

Mak Yuen Teen

This is a personal website of Mak Yuen Teen intended to convey his personal views on current developments in corporate governance and to share thought leadership publications. He sees himself as a corporate governance advocate, taking an independent and objective view of corporate governance situations with the goal of improving corporate governance for the public interest. Yuen Teen has been involved in many key corporate governance developments in Singapore and the region. He was the founder of the first corporate governance centre in Singapore and developed the first corporate governance index in Singapore; has served on various corporate governance committees set up by the Singapore authorities; has served on boards and committees in various not-for-profit and international organisations; regularly conducts training for directors, regulators and other professionals; edits an annual collection of case studies published by CPA Australia; and has been recognised by both investor and director bodies with awards and citations for his contributions to corporate governance.