Tel: 01992 471001

Email: hoddesdon@ashbourneinsurance.co.uk

HSBC Puts Insurance Arm Up For Sale

HSBC is putting its general insurance business up for sale for around $1bn, according to The Times. The unit sells general insurance in the UK, France, Hong Kong and Signapore and is free from payment protection insurance claims. HSBC Insurance sells property, aviation and motor insurance. A deadline for the deal is set for mid-October with private equity already understood to be interested. Two years ago, HSBC sold its broking arm, HSBC Insurance Brokers to Marsh.

Leave a comment

Your email address will not be published. Required fields are marked *

Recent blogs

  • Archives

  • Calendar

    September 2018
    MTWTFSS
    « Aug  
     12
    3456789
    10111213141516
    17181920212223
    24252627282930

We use cookies to ensure that we give you the best experience on our website.