UK life and pensions consolidator Chesnara has struck a deal with HSBC Bank to acquire its protection and investment bond arm ...

HSBC Holdings plc HSBC has agreed to sell its life insurance business in the U.K., HSBC Life (UK) Limited, to Chesnara, a ...

The deal is expected to boost Chesnara’s scale in the UK, adding approximately £4bn in assets under administration and around 454,000 policies.