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(
May 2019
)
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HSBC Insurance (Asia-Pacific) Holdings Limited
is part of the worldwide
HSBC Group
and is wholly owned by
The Hongkong and Shanghai Banking Corporation Limited
. Its subsidiaries operate as HSBC Insurance (??保險).
[1]
History
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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
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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
Co (26% held).
HSBC Insurance provides insurance products and services to international and local brokers, agents and direct customers in
Hong Kong
,
mainland China
,
Macau
,
Singapore
,
India
and
Malaysia
.
References
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External links
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Companies
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Regulatory Authority
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Origin
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Board of directors
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Brands
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Principal local banks
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Subsidiary banks
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Minority stakes and JVs
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Predecessor companies
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Former subsidiaries
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Scandals
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