#549 - Should Income Insurance Be Sold To Foreign Company? & Japanese Gymnast Withdraws From Olympics for Drinking and Smoking

Allianz’s plans to buy a majority stake in Singapore’s Income Insurance have sparked concerns among some Singaporeans, with prominent figures like Tommy Koh and the ex-CEO of NTUC Income speaking up against the sale. Will this move really affect Singaporean’s insurance policies, or are we missing the forest for the trees? Elsewhere, the captain of the Japanese women’s gymnastics team, Shoko Miyata, withdrew from the Olympic Games after admitting to smoking and drinking alcohol, in violation of her team’s stated rules. Was this move too harsh on the young athlete?

(00:00) Intro
(02:07) Should Income Insurance Be Sold To Foreign Company?
(34:56) Japanese Gymnast Withdraws From Olympics for Drinking and Smoking
(46:36) One Shiok Comment
(50:30) One Shiok Thing

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Should Income Insurance Be Sold To Foreign Company?

• Income Insurance should 'never be sold', says Tommy Koh of potential sale to German insurer
• Allianz offer for Income sparks public concerns
• Allianz offers to buy at least 51% of Income Insurance at $40.58 a share in cash
• [2022] NTUC Income co-op to become corporate entity amid 'intensifying headwinds' in insurance sector

Japanese Gymnast Withdraws From Olympics for Drinking and Smoking

• Shoko Miyata: Japanese gymnast withdraws from Olympic Games after smoking and drinking alcohol
• Follow Team Singapore and more at Paris Olympics
• Athlete convicted of child rape faces isolation at Paris Olympics

One Shiok Comment

• Comment by Majestic-Economist-6
• Comment by meowmeowp.i.971

One Shiok Thing

• Follow Team Singapore and more at Paris Olympics
• They played my banned A.I. mashup in Congress (Johnny Cash x Barbie Girl)

Mics and Headphones from @shure

Chairs from @ergotunechair

Edited and mixed by Tristen Yeak

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