Income Insurance

Income Insurance
Company typePublic
IndustryInsurance
Founded1970; 54 years ago (1970)
Area served
Singapore, Indonesia, Malaysia, Vietnam
Key people
Ronald Ong (Chairman)
Andrew Yeo (CEO)
ProductsLife, health, and general insurance, savings and investment-linked products
Total assetsS$47.2 billion[1]
Websitewww.income.com.sg

Income Insurance Limited, commonly known as Income and previously also known as NTUC Income, is a composite insurer based in Singapore, offering life, health and general insurance. Initially founded as a cooperative in 1970 under the National Trades Union Congress (NTUC), it was restructured as a public non-listed company limited by shares in 2022 as part of a corporatization exercise.

Currently, it has seven branches and lite[further explanation needed] branches respectively across Singapore, as well as operations in Indonesia, Malaysia, and Vietnam.

  1. ^ "2021 Financial Statements". Income. 31 December 2021.}