Finance

HSBC Starts Review of Insurance Business in Singapore

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By Denise Wee, Elffie Chew, and Jan-Henrik Foerster

January 16, 2026 at 1:22 AM UTC

Updated on

January 16, 2026 at 3:18 AM UTC

HSBC Holdings Plc opened a strategic review of its insurance business in Singapore, as part of the group’s ongoing simplification globally.

The review will cover HSBC Life Singapore and “consider all options” for the insurance manufacturing business, with no decision made, it said in a statement, confirming a previous report by Bloomberg News.