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HSBC Life Singapore
2 posts
HSBC’s $2.09bn Singapore insurance sale delivers a $1.8bn gain, but what does Allianz receive?
Allianz is buying HSBC Life Singapore for $2.09 billion while paying separately for 15 years of exclusive access to HSBC customers. The structure gives HSBC capital without surrendering the insurance sales channel, but Allianz now faces a demanding return hurdle.
HSBC Insurance (Asia-Pacific) to acquire AXA Singapore for $575m
HSBC has signed an all-cash deal worth $575 million through its fully-owned subsidiary — HSBC Insurance (Asia-Pacific) to…