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  1. HSBC today announces that Ho Lee Yen will be appointed as the Chief Executive Officer (“CEO”) of its insurance operations in Singapore. The appointment is subject to regulatory approvals.

    • HSBC Widening Its Distribution Channel to Include Fas
    • Added New Protection Plans For Both Retail and HNW Segments
    • Launching New Brand

    HSBC Life Singapore is expanding its distribution channels by partnering with key FA firms who currently serve a broad spectrum of retail to emerging affluent customers. This partnership complements HSBC Life Singapore’s current distribution model which includes a bancassurance arrangement with HSBC Bank and third-party distribution arrangements wi...

    HSBC Life Singapore has introduced two new whole-life plans, Life Protect Advantage and Emerald Legacy Life Plan. In 2018, HSBC Life Singapore expanded its product manufacturing capabilities to ensure it offers a holistic range of products and solutions that meet the diverse needs of its customers across their different life-stages. It plans to int...

    The brand will be changed from “HSBC Insurance (Singapore)” to “HSBC Life Singapore” which better reflects HSBC’s brand promise. Mr Vazquez further explained: “Our new brand is symbolic of how we are committed to grow our Singapore business. In the past year, we have revamped core elements of our business, increased investments in capabilities and ...

  2. HSBC announced the completion of the legal integration of AXA Insurance Pte Limited (AXA Singapore) and HSBC Insurance (Singapore) Pte. Limited. via a Scheme of Transfer, and the start of its insurance operations as a combined business under “HSBC Life (Singapore) Pte. Ltd.” (HSBC Life Singapore).

  3. Feb 11, 2022 · Further to the announcement on 16 August 2021, HSBC Insurance (Asia Pacific) Holdings Limited, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), has completed the acquisition of 100% of the issued share capital of AXA Insurance Pte Limited (AXA Singapore).

  4. Aug 16, 2021 · SINGAPORE - HSBC has agreed to acquire AXA's Singapore insurance business for US$575 million ($780 million), the banking heavyweight said on Monday (Aug 16).

  5. Aug 16, 2021 · HSBC Insurance (Asia-Pacific) Holdings Ltd, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), has entered into an agreement to acquire 100% of the issued share capital of AXA Insurance Pte Limited (AXA Singapore) for US$575m.

  6. Feb 2, 2023 · The integration between HSBC Insurance Singapore and AXA Insurance is now complete and has begun operating as a combined entity – HSBC Life Singapore. The merger and rebranding will have no impact to the terms of any of the policies in-force underwritten by either AXA Singapore or HSBC Insurance Singapore.