Chesnara Plc has agreed to buy HSBC Holdings Plc’s life insurance business in the UK, creating an entity with a combined £18 ...

LONDON (Reuters) -Life and pensions company Chesnara has agreed to buy HSBC's UK life insurance business for 260 million ...

Limited unit to Chesnara Plc for £260M  (US$355M), Chesnara said in a filing on Thursday. For HSBC (NYSE:HSBC), the deal ...

The deal is expected to boost Chesnara’s scale in the UK, adding approximately £4bn in assets under administration and around ...

Pension consolidator Chesnara has agreed to buy HSBC Life for a £260mn sum. HSBC Life is a specialist life protection and ...

Chesnara, the UK life and pensions consolidator, launched a £140m rights issue to finance its takeover of HSBC’s UK life ...

Investing.com -- Fitch Ratings has revised the outlook on Chesnara plc and its subsidiary Countrywide Assured plc to stable from negative, while affirming Countrywide’s Insurer Financial Strength ...

HSBC has sold its UK life insurance arm, HSBC Life, to insurance firm Chesnara for £260million Policyholders with HSBC Life ...

Chesnara said the acquisition would enhance the future cash generation of the group, with around £140m expected in the first ...

Chesnara agreed to buy HSBC's specialist life protection and investment bond provider from the bank's U.K. branch for 260 million pounds ($354.5 million) in cash.

Chesnara’s Solvency II ratio is expected to decrease to 169% on a pro forma basis following the acquisition, down from 203% at the end of 2024.

Chesnara announced an agreement to acquire HSBC Life UK from HSBC on Thursday, for £260m, in a move that it said would ...