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As part of its plans it has begun the process of exiting from the joint venture with the US-based Principal Financial Group
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It has also called on Congress to rein in marketing and sales abuses
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The company plans to utilise the capital to maintain solvency margin that has been under strain owing to the new business growth
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The geographic diversity of the alliance's customer base to enable the combined entity to spread its risk and mitigate the impact of large losses
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To provide protection to HSBC customers based on its experience in offering cargo insurance in the Middle East
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Appointed Christopher Heckscher as senior vice president, US Credit
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Appointed Brian Brown as senior vice president, claims client executive
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The plans feature a choice of deductibles to help keep premiums more affordable
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