HSBC sells Singapore insurance business to Germany’s Allianz in US$2.09 billion deal
July 23, 2026 / /
Published Fri, Jul 24, 2026 · 07:22 AM
HSBC said on Friday (Jul 24) it will sell its Singapore life and health insurance business to Germany’s Allianz, in a deal valuing the unit at S$2.7 billion (US$2.09 billion). REUTERS
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