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1 through 20 of 47 matching documents, best matches first.   Sort by date

Allianz Extends Asia-Pacific Reach With $2.28 Billion HSBC Life Singapore Deal
Allianz Group said it will acquire HSBC Life Singapore Pte Ltd. and enter a related 15-year distribution agreement with an HSBC bank for total consideration of €2.0 billion ...
Source: BestWire   Date: July 24, 2026
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Canara HSBC Life Insurance, Equitas Small Finance Bank Announce India Partnership
Canara HSBC Life Insurance Co. Ltd. has entered into a strategic bancassurance alliance with Equitas Small Finance Bank in an arrangement the two companies said will deepen life ...
Source: BestWire   Date: December 23, 2025
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Chesnara to Buy UK Life Business of HBSC for $355 Million in Cash
Life (UK) to a single U.K. entity over time, mass lapse reinsurance, FX hedging and capital diversification benefits." The deal is expected to close in early 2026 and is subject to ...
Source: BestWire   Date: July 3, 2025
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HSB Head of Energy: US Power Grid 'Stressed' as Demand Surges
Best TV at RIMS Riskworld, Chicago. Following is an edited transcript of the interview. View the video version of this interview here. Q: Let's start by talking about the energy ...
Source: BestWire   Date: May 23, 2025
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HSBC Obtains Regulatory Approval to Form Captive Insurer in Hong Kong
Hong Kong as the base of their captive insurers," Hui said. In another captive insurance development, SiriusPoint Ltd. said in March it formed a strategic partnership with U.S. ...
Source: BestWire   Date: May 5, 2025
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MSIG, HSBC Forge 15-Year General Insurance Bancassurance Partnership in Singapore
Hongkong and Shanghai Banking Corp. in Singapore. The deal covers general insurance product distribution in Singapore through HSBC, MSIG said in a statement. MSIG will distribute ...
Source: BestWire   Date: April 26, 2023
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Chubb in 15-Year General Insurance Deal With Hong Kong’s Hang Seng Bank
Chubb said in a statement. Details of the general insurance products and solutions to be offered will be announced closer to the time when the new partnership arrangement comes ...
Source: BestWire   Date: March 29, 2023
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Allianz, HSBC Renew Asia-Pacific Bancassurance Partnership for 15 Years
Allianz said in a statement. "In the past decade, we have grown a successful global bancassurance partnership that has achieved exponential growth in volume and value," said Anusha ...
Source: BestWire   Date: June 30, 2022
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Axa Completes $529 Million Sale of Singapore Unit to HSBC
Axa SA said it has completed the sale of Axa Insurance Pte Ltd. in Singapore to HSBC Insurance (Asia-Pacific) Holdings Ltd. for $529 million in cash. Operations in Singapore ...
Source: BestWire   Date: February 11, 2022
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HSBC Insurance Seeks to Boost Its Stake in India Joint Venture Canara
Canara HSBC OBC Life Insurance Co. Ltd. to an HSBC affiliate. PNB received a communication from HSBC Insurance (Asia Pacific) Holdings Ltd. that HSBC intends to acquire the bank's ...
Source: BestWire   Date: February 4, 2022
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HSBC Acquires Remaining 50% Stake in Chinese Life Joint Venture
Insurance (Asia) said in an email to BestWire. The joint venture partner selling the stake to HSBC is National Trust Ltd., the email said. "Growing our insurance business is key to ...
Source: BestWire   Date: December 30, 2021
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Chesnara Agrees to $17.3 Million Deal for Monument Re’s Closed Robein Netherlands Business
Chesnara said in a statement. The deal will increase Chesnara's assets under administration in the Netherlands by 51% and policies by 7%. The deal, which will be Chesnara's sixth ...
Source: BestWire   Date: November 29, 2021
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HSBC Unit Acquires Remaining Stake in Chinese Life Insurance Joint Venture
Regulatory Commission, the company said. Noel Quinn, HSBC's group chief executive, said the deal is part of the company's larger merger-and-acquisition blueprint. "Despite the ...
Source: BestWire   Date: May 4, 2020
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UK Life, Pension Consolidator Acquires Dutch Life Portfolio
Waard Leven, Chesnara's consolidation business in the Netherlands. Waard Leven is part of Waard Group, the Dutch life and pensions provider that was acquired by Chesnara in 2015 ...
Source: BestWire   Date: October 3, 2019
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With Profitable First Half, Chesnara Remains Cautiously Acquisitive
United Kingdom the Netherlands and Sweden. The group manages about 1.1 million life and pensions policies and £7.2 billion in funds. The company posted a pretax profit of £66 ...
Source: BestWire   Date: August 29, 2019
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Prudential Financial, HSBC Tap Captive to Transfer $8.44 Billion in Pension Longevity Risk
Prudential Insurance Company of America. The deal, which Aon said is the second-largest transaction of its type, uses a captive solution with an HSBC-owned insurer in Bermuda. PICA ...
Source: BestWire   Date: August 13, 2019
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Despite Fall in Pretax IFRS Profit, Chesnara Signals Desire to Buy
The group is based in Preston in Northern England. Not only does Chesnara have a "strong cash pile," it has access to debt, he said. "I think we are placed in a very good position ...
Source: BestWire   Date: March 29, 2019
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Consultants: China M&A Activities Continue to Slow With an Eye on Strategic Focus
Chinese regulators' attitudes towards such deals. The acquisition of Chaucer from Hanover Insurance Group Inc. "will raise China Re's profile at Lloyd's as well in the global ...
Source: BestWire   Date: January 23, 2019
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Ping An Increases Shareholding in HSBC to 7%
Ping An Insurance (Group) Co. of China Ltd. has increased its stake in HSBC Holdings Plc. to 7%, according to the U.K.-based banking group's statement filed on the Hong Kong Stock ...
Source: BestWire   Date: November 7, 2018
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After M&A Boost in 2017, Chesnara Posts Sharp Fall in First-Half Profit
Chesnara said in a statement. Not only did the group benefit last year from a favorable economic environment, but the acquisition of Legal & General Nederland brought "a ...
Source: BestWire   Date: August 30, 2018
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