HSBC Insurance (Asia-Pacific) Holdings Limited is part of the worldwide
HSBC Group
HSBC Holdings plc is a British multinational corporation, multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In ...
and is wholly owned by
The Hongkong and Shanghai Banking Corporation Limited
HSBC Holdings plc is a British multinational universal bank and financial services holding company. It is the largest bank in Europe by total assets ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 tril ...
. Its subsidiaries operate as HSBC Insurance (滙豐保險).
Bloomberg company overview on HSBC Insurance, Retrieved 2018-05-30
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History
The history of HSBC Insurance can be traced back to when two important companies were established in Hong Kong, namely; Carlingford Swire Assurance (Bermuda) limited, which was set up in 1981 and subsequently renamed HSBC Life (International) Limited in 1992, and Wardley Insurance Company Limited, which was set up in 1978 and subsequently renamed HSBC Insurance (Asia) Limited in 2000.
Founded in 1970, HSBC Insurance (Asia-Pacific) Holdings Limited was named in 1996 and is now the holding company of HSBC Insurance (Asia) Limited, which in turn wholly owns HSBC Life (International) Limited. Since then, HSBC Insurance has further consolidated its operations in other locations such as Singapore, India, Malaysia and mainland China.
Operations
HSBC Insurance (Asia-Pacific) Holdings Limited holds stakes in a number of insurance companies within the Asia Pacific region including HSBC Insurance (Asia) Limited (100%), HSBC Life Insurance Co Limited, HSBC Life (International) Limited, HSBC Insurance (Singapore) Pte Limited (100%), HSBC Amanah Takaful (Malaysia) Sdn Bhd (49% held) and Canara HSBC Oriental Bank of Commerce Life Insurance
Canara HSBC Life Insurance is a Life insurance company in India. Established in 2008, Canara HSBC Life Insurance was a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank (23% ...
Co (26% held).
HSBC Insurance provides insurance products and services to international and local brokers, agents and direct customers i
Hong Kongmainland ChinaMacauSingaporeIndia
an
Malaysia
References
External links
HSBC InsuranceHSBC MPFHSBC Insurance (Singapore)HSBC Amanah Takaful
{{DEFAULTSORT:Hsbc Insurance
Insurance companies of Hong Kong
Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
Financial services companies established in 1974
1974 establishments in Hong Kong