Acquiring Company
Allianz Group
Acquired Company
HSBC Life Singapore
Munich
SingaporeFinancial ServicesInsuranceDescription
Allianz Group has agreed to acquire HSBC's Singapore life insurance unit for $2.09 billion. This acquisition aims to expand Allianz's presence in Asia's life and health insurance market. The transaction is expected to close in the first half of 2027. Additionally, Allianz will enter a 15-year exclusive distribution partnership with HSBC Singapore.
Quick answer
Allianz Group is acquiring HSBC Life Singapore, announced July 24, 2026. Allianz Group is based in Munich, Bavaria, Germany.
- How much did Allianz Group pay for HSBC Life Singapore?
- The deal value was not disclosed.
- What does Allianz Group do?
- Allianz Group is a global leader in insurance and financial services.
- Where are Allianz Group and HSBC Life Singapore based?
- Allianz Group is based in Munich, Bavaria, Germany. HSBC Life Singapore is based in Singapore.
- Who are the decision-makers at Allianz Group?
- Fundz holds 2 contacts at Allianz Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Insurance
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Daiichi Life acquires Fidelity Life for NZ$630 million, $630M (September 3, 2026)
- Tower Insurance Brokers acquires Riskworks (September 2, 2026)
- Kyobo Life to acquire AXA General Insurance (August 12, 2026)
- Arthur J. Gallagher acquires Apollo Insurance Solutions (August 5, 2026)
- Grupo Concentra acquires Obimedia in Portugal (July 23, 2026)
- Amwins proposes to acquire Steadfast Group (July 12, 2026)
Who to call at Allianz Group, and when
When Allianz Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Allianz Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Allianz Group, from your own LinkedIn network
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Related People
Frequently asked
Who acquired HSBC Life Singapore?
HSBC Life Singapore was acquired by Allianz Group, based in Munich. The deal was reported on July 24, 2026. Allianz Group is a global leader in insurance and financial services. The company provides a wide range of insurance products and services to customers around the world. Allianz Group is privately held and operates in Financial Services.
When did Allianz Group acquire HSBC Life Singapore?
Allianz Group's acquisition of HSBC Life Singapore was reported on July 24, 2026. Allianz Group has agreed to acquire HSBC's Singapore life insurance unit for $2.09 billion. This acquisition aims to expand Allianz's presence in Asia's life and health insurance market. The transaction is expected to close in the first half of 2027. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does HSBC Life Singapore do?
Check out our wide range of life, health, critical illness, personal accident, savings, investment and legacy insurance; and employee group health plans. It is privately held, and is based in Singapore.
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