Life Insurance Industry News
A collection of Life Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Allianz to acquire HSBC's Singapore life insurance unit in $2.09 billion deal
BERLIN: Allianz Group said Friday it has agreed to acquire HSBC's Singapore life insurance unit for 2.7 billion Singapore dollars ($2.09 billion), expanding the German insurer's footprint in Asia's life and health insurance market. The transaction…
Corrie fans make Todd Grimshaw future prediction as he plots Thailand exit
Coronation Street fans have made a prediction as to what could be in Todd Grimshaw's future as he plots an escape to Thailand alongside Summer Spellman. As those who follow the ITV soap know, Todd has been having to not only come to terms with the…
Shifting priorities: how affluent buyers fuel Hong Kong's record insurance sales
Life insurance sales in Hong Kong rose 51 per cent in the first quarter to another record high, driven by affluent customers from mainland China and overseas buying policies for wealth transfer, protection and medical needs. The industry wrote…
Allianz to buy HSBC's Singapore insurance unit for $2.09 billion
Cristina Arias | Cover | Getty Images Allianz Group said on Friday it has agreed to acquire HSBC's Singapore life insurance unit for 2.7 billion Singapore dollars ($2.09 billion), expanding the company's footprint in Asia's life and health…
HSBC sells Singapore insurance unit to Germany's Allianz in S$2.7 billion deal
HSBC (0005) 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 (HK$16.38 billion), the companies said on Friday. SCROLL TO CONTINUE WITH CONTENT The disposal is…
LIVE Q1 Results Today: Shriram Finance, Tata Consumer, Hindustan Zinc, BoB, Dalmia Bharat, Jindal Steel, Laurus Labs, SBI Life, CG Power, NTPC, Lodha, SAIL, Welspun Corp to announce Q1 results, Infosys, IndiGo, Cipla shares in focus
Q1 Results Today, July 24, 2026, Live Updates: Get real-time Q1 FY27 earnings updates, profit growth, revenue numbers and management outlook of NTPC, Shriram Finance, Hindustan Zinc, SBI Life Insurance Company, CG Power and Industrial Solutions…
Hang Seng Index closes above 25,000 points
Hong Kong shares closed higher on Thursday, partly lifted by gains from banking and insurance sectors. SCROLL TO CONTINUE WITH CONTENT The benchmark Hang Seng Index rose 318 points, or 1.28 percent, to 25,210, with a full-day turnover of HK$233.4…
HSBC offloads Singapore life arm in £1.6 billion deal
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. HSBC has agreed to sell its Singapore life and insurance…
HSBC offloads Singapore life arm in £1.6 billion deal
HSBC has agreed to sell its Singapore life and insurance business to Allianz for 2.7 billion Singapore dollars (£1.6 billion) amid an ongoing overhaul by chief executive Georges Elhedery. Under the deal, HSBC and Allianz will form a 15-year…
Financial groups post record earnings, boost shareholder returns
Korea's major financial groups extended their strong earnings momentum in the second quarter, as KB, Shinhan and Hana posted record quarterly and first-half profits, industry officials said Friday. Woori Financial Group also staged a turnaround in…
HSBC sells Singapore insurance firm in £1.6 billion deal
HSBC has agreed to sell its Singapore life and insurance business to Allianz for 2.7 billion Singapore dollars (£1.6 billion), a move that forms part of an ongoing strategic overhaul led by chief executive Georges Elhedery. Crucially, the…
HSBC agrees to US$2 billion deal to sell Singapore insurance branch to Allianz
HSBC has agreed to sell its Singapore life and health insurance business to Germany's Allianz for S$2.7 billion (US$2.08 billion), with the deal expected to be completed in the first half of 2027, HSBC Group announced on Friday morning before the…
MinnPost is hiring a data journalist
MinnPost is hiring a data journalist to produce distinctive, data-driven stories, visualizations, dashboards and other products that enhance readers' understanding of complex issues affecting Minnesota. We're looking for someone whose reporting and…
Malcolm-Jamal Warner's Widow Tenisha Warner Sues Adviser
The Tenisha Warner legal war has expanded beyond a dispute with Malcolm-Jamal Warner's mother and now includes allegations of professional negligence against his former business manager and financial adviser. According to TMZ, Tenisha claims the…
HSBC to Sell Singapore Insurance Business to Allianz for $2.1 Billion
Holdings has agreed to sell its Singapore life and health insurance business to for $2.1 billion, as the U.K.-based lender reshapes its portfolio to focus on core markets and businesses. The sale is expected to generate a pretax gain of about $1.8…
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