Norwich Union joint venture sets out top 10 aim
HSBC Bank and Norwich Union have today announced plans for the creation of a joint venture, under the "HSBC Insurance" brand, that aims to be a top-10 player in the UK general insurance industry.
Under the terms of the planned joint venture, HSBC Bank and Norwich Union will underwrite and distribute general insurance products to HSBC's 10.2 million customers in the UK.
Dyfrig John, chief
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