HSBC Life targets affluent clients, retirees, and key Asian markets for insurance growth.

HSBC Life, Hong Kong's leading insurer, is focusing on high-net-worth individuals and retirees in Asia, particularly in the Greater Bay Area. The company aims to grow in key markets like Hong Kong, Singapore, mainland China, and India, anticipating increased demand for large insurance policies for estate planning. HSBC Life reported a 77% increase in new insurance value to $1.3 billion in the first half of the year, driven by affluent clients and rising relocation trends.

September 02, 2024
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