asia pacific holdings limited type subsidiary of hsbc holdings plc founded 1974 headquarters hong kong sar china key people david fried chairman and ceo products insurance number of employees 1 250 website www.insurance.asiapacific.hsbc.com hsbc insurance asia pacific holdings limited traditional chinese operating as hsbc insurance is an insurance company based in hong kong . it is part of the worldwide hsbc group and is wholly owned by the hongkong and shanghai banking corporation limited . contents 1 operations 2 history 3 see also 4 external links operations edit hsbc insurance asia pacific holdings limited is the parent company of four insurance underwriting companies include hsbc insurance asia limited hsbc life international limited hsbc insurance singapore pte limited and hsbc amanah takaful malaysia sdn bhd 49 % held . through its various underwriting companies hsbc insurance sells its services to international and local brokers and agents direct customers and its principal agent the hongkong and shanghai banking corporation . hsbc insurance has offices in hong kong macau singapore and malaysia . in mainland china it has representative offices in beijing shanghai and guangzhou . hsbc life also opened a representative office in hanoi vietnam in january 2007 and began operating in taiwan in september 2007 . hsbc insurance s total assets stood at hk 100 billion at the end of june 2007 . through joint ventures and partnerships hsbc insurance furthermore has a presence in south korea a 50 % less one share interest in hana hsbc life insurance company limited . india a 26 % stake in canara hsbc oriental bank of commerce life insurance company limited insurance license pending regulatory approval . vietnam a 10 % interest in baoviet holdings . history edit hsbc insurance was originated by swire life assurance company limited established in 1974 later hsbc life international limited carlingford insurance company limited established in 1978 later hsbc insurance asia limited and carlingford medical insurance limited established in 1982 later hsbc medical insurance limited . these companies were known as carlingford insurance . in 1985 hsbc group launches an aggressive strategy to operate its insurance business profitably in countries and territories in which the commercial bank has a strong presence . in 1993 carlingford insurance starts offering personal life insurance products to customers through the banking network . hsbc insurance asia pacific holdings limited was established in 1995 it is the head office of hsbc s asia pacific insurance business . in the same year the group acquired lombard insurance . in 1996 the business name carlingford insurance is changed to hsbc insurance . singapore based keppel insurance was acquired by hsbc insurance in 2003 and renamed hsbc insurance singapore pte limited . hsbc amanah takaful malaysia sdn bhd was incorporated in 2006 after receiving the approval in principle from bank negara malaysia to form a joint venture takaful company in malaysia . see also edit hsbc insurance brokers external links edit hsbc insurance hsbc mpf hsbc insurance singapore hsbc amanah takaful hsbc insurance v t e hsbc board of directors douglas flint group chairman stuart gulliver group ceo iain mackay group finance director marc moses group chief risk officer phillip ameen kathleen l. casey safra a. catz laura cha lord evans of weardale joachim faber rona fairhead sam laidlaw john lipsky rachel lomax heidi miller sir simon robertson jonathan symonds brands first direct hang seng bank hsbc hsbc expat hsbc premier hsbc private bank hsbc trinkaus m & s money proa sabb principal local banks argentina australia canada people s republic of china egypt france germany hong kong india malaysia middle east mexico panama poland saudi arabia sri lanka taiwan turkey united kingdom united states minority stakes and joint ventures bank of communications 19 % hsbc saudi arabia 60 % sabb 40 % ping an insurance 19.9 % techcombank 15 % bank of shanghai 8 % predecessor companies grupo banistmo bank of british columbia barclays bank canada beneficial continental bank of canada cr dit commercial de france greenwich savings bank guyerzeller household imperial bank of persia lloyds bank canada marine midland bank midland bank republic new york samuel montagu & co. williamsburgh savings bank former susbsidiaries hsbc bank brazil category commons wikiversity retrieved from https en.wikipedia.org w index.php title hsbc insurance asia pacific & oldid 665023910 categories insurance companies of hong konghsbc subsidiariescompanies established in 1974hidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout 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