HSBC exits car insurance with £69 million sale - AAD Consumer Forum

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5corpio started a blog post HSBC exits car insurance with £69 million sale
11 July 2011, 15:09

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HSBC exits car insurance with £69 million sale

HSBC exits car insurance with £69 million sale

Originally posted by 5corpio

HSBC today sold its HSBC Insurance (U) division for £68.5 million in a move which completes its exit from car insurance underwriting.The buyer is Syndicate Holding Corp, a business specialising in managing books of insurance business which are being run off. HSBC Insurance stopped taking on new customers more than a....HSBC exits car insurance with £69 million sale | Business
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