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Important message
Allianz to Acquire HSBC Life Singapore, Subject to Regulatory Approval
HSBC announced that it has agreed to sell HSBC Life Singapore to Allianz, one of the world’s leading insurers. The transaction is expected to be completed in the first half of 2027, subject to regulatory approval. Your policies continue as normal and there are no changes to your existing policy terms or benefits due to this announcement.
Cyber Incident at Alliance Medinet: Important Information for HSBC Life Health Customers
Alliance Medinet, one of HSBC Life’s third-party administrators supporting our health customers, has informed us that it experienced a cyber incident involving unauthorised access to its system containing its membership database.
Impacted individuals have already been informed so they can take necessary precautions in a timely manner. Investigations are currently ongoing.
Cyber incident at Adept Health Pte. Ltd.
Adept Health Pte. Ltd. (a member of the Doctor Anywhere Group) (“Doctor Anywhere”), one of HSBC Life’s Third-Party Administrators (TPA) supporting our health customers, has informed us that it experienced a cyber incident involving unauthorised malicious access by an unknown third party to the Doctor Anywhere system containing personal data of HSBC Life Singapore’s corporate customers, their employees and dependants.
Impacted individuals have already been informed so they can take necessary precautions in a timely manner.