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HSBC sells Singapore life and health insurance unit to Allianz for $2.1bn

By Frank Prenesti

Date: Friday 24 Jul 2026

(Sharecast News) - HSBC on Friday said it had agreed to sell its Singapore life and health insurance business to Allianz for $2.1bn in cash.


The transaction, expected to close in the first half of next year, includes a 15-year distribution partnership that allows HSBC to offer Allianz...

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