HSBC has agreed to sell its Singapore life and health insurance business to Germany's Allianz in a deal valuing the unit at S$2.7 billion ($2.09 billion), the companies said on Friday.
HSBC has agreed to sell its Singapore life and health insurance business to Germany's Allianz in a deal valuing the unit at SGD2.7 billion (US$2.09 billion), the companies said Friday.
Allianz is set to buy the bank’s Singapore insurance arm, entering a 15-year distribution pact as HSBC streamlines its global ...
HSBC has agreed to ​sell its life and health insurance business in Singapore to Allianz for S$2.7 billion ($2.1 billion), as it trims non-core ‌operations and focuses on its Asian wealth and wholesale ...