Hsbc Insurance

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  HSBC Oversold Risks Of $35 Billion Asia Spin-Off, Investor Thinks: Report

  HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance Group, a source familiar with the Chinese insurer's thinking said, adding the move could unlock up to $35 billion in value.

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  Shareholders Take Up HSBC Insurance's Stake-Raising Plan

  Shareholders of Canara HSBC Oriental Bank of Commerce Life Insurance Company, a life insurance JV, are discussing HSBC Insurance's plan to raise its stake to 49 per cent from the current 26 per cent.

• Manulife, HDFC Life among likely bidders for HSBC India insurance arm

  HSBC plc, Europe's biggest bank, is selling its 26 per cent stake in a life insurance joint venture with two Indian state-run banks, as it sheds noncore businesses globally.

• HSBC in talks to sell $9.3 billion stake in China's Ping An Insurance

  HSBC is in talks to sell its $9.3 billion stake in China's Ping An Insurance, stepping up a programme by Europe's biggest bank to shed non-core operations to boost profitability.

• Tips for Trade: Market to be rangebound, pick selective capital goods, auto stocks

  Experts advise investing in selective capital goods stocks like BHEL and L&T.

• Government clears 16 FDI proposals worth Rs 233 crore

  The government said that it has cleared 16 FDI proposals, entailing total investment of about Rs 233 crore.

• HSBC to sell general insurance business for $914 mn to AXA, QBE Insurance

  The sale is part of the banking giant's efforts to cut costs and exit non-core businesses; it has already sold 19 businesses as part of a plan to save $3.5 billion annually.

• HSBC sells general insurance business for $914 million

  HSBC has agreed to sell its general insurance businesses to AXA Group and QBE Insurance Group for a cash consideration of $914 million

• Canara Bk, HSBC,OBC joint venture in top 10 India life insurance cos

  MUMBAI, SEPTEMBER 24: Canara HSBC Oriental Bank of Commerce Life Insurance Co Ltd Friday said Insurance Regulatory and Development Authority data shows the company as one of the top 10 private life insurers in India. In Apr-Jun, the life insurance company achieved the highest 13-month persistency ratio among private players at 88%, it said. The...