QBE acquires HSBC's Macau GI business
HSBC Insurance (Asia) has entered into an agreement to dispose of its general insurance business in Macau to QBE Insurance (International) as the bank continues to sell insurance businesses in Asia.
Confirming the agreement in a statement HSBC said the gross asset value of this business is approximately HK$6.97m ($0.9m) at 31 December 2012.
QBE has been operating in Macau since 1985 providing
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
Most read
- Esure offers customers six-months free cover for latest tech glitch
- Big Interview: Jason Storah, Aviva
- Copart confirms delays to Luton Airport salvage operation