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HSBC sold a nearly HK$2 billion life insurance policy in Hong Kong, breaking a world record
HSBC Insurance sold a US$250 million (nearly HK$2 billion) life insurance policy in Hong Kong The customer is reported to be an Asian multinational billionaire The purpose of purchasing the policy is to transfer an inheritance, which means he entrusts HSBC Insurance to act as the insurance company A trust distributes property. The policy amount broke the Guinness world record. Before this…
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