24 July 2026 | 1:00PM SGT Equity Research HSBC (0005.HK/HSBA.L): HSBC announces disposal of its Life and Health Insurance Business in Singapore On 24 Jul 2026, HSBC entered into an agreement to sell HSBC Life (Singapore) Pte. Ltd to Allianz for a consideration of US$2.1bn, with the expected completion in 1H27, subject to regulatory approval. HSBC Life SG offers a broad range of life and health insurance products in Singapore and reported PBT of S$118mn in 2025. Upon completion of disposal, HSBC Bank SG will ...