Business

Allianz Buys HSBC’s Singapore Insurance Unit for $2.09 Billion

Updated 2026-07-24 00:40 UTC 1 source Positive

Insurance giant Allianz is acquiring HSBC's Singapore insurance business for a significant sum of $2.09 billion, expanding its presence in the region.

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CNBC

Allianz to buy HSBC’s Singapore insurance unit for $2.09 billion

Allianz to acquire Singapore insurance business from HSBC

2026-07-24 00:18 UTC