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HSBC sells off another Asian insurance asset

HSBC

Following a series of exits from insurance companies in Asia, HSBC Insurance has now sold its stake in its joint venture in life insurer Hana HSBC Life.

HSBC Insurance (Asia Pacific) has sold its 50% stake in South Korean insurer Hana HSBC Life Insurance to Hana Financial Group. The transaction should complete around 10 May. 

In addition to its stake

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