Borderless wealth: Insurance as the driver of resilient and lasting wealth for HNWIs

HSBC Life is leveraging global expertise and local insights to help HNWIs diversify, protect and grow wealth

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HSBC Life can help HNWIs preserve, grow, and create lasting wealth.

(APIXELS)

The internationalisation of wealth is reshaping how high-net-worth individuals (HNWIs) plan, manage and grow their assets. Today, they are global citizens, with businesses in one country, investments in another and families in a third. In this new world of borderless wealth, insurance is becoming a critical enabler, helping them accumulate, diversify and safeguard their assets across jurisdictions, while supporting long-term legacy planning.

GLOBAL CITIZENS, DIVERSIFIED PORTFOLIOS

Rising mobility is shaping this global mindset. This mobility trend is evident in HSBC's Global Wealth Hubs: Drivers of Diversification 2025 report. According to the report, 69 per cent of global entrepreneurs are moving wealth to a new location and 73 per cent are conducting business in a different market. Singapore was indicated as the top residency option for HNWIs considering relocation, especially among Asian entrepreneurs.

Market conditions are also adding to this shift, where diversification has become a priority. Findings from the HSBC Affluent Investor Snapshot 2025 show that they are reducing cash holdings by nearly 40 per cent in 2024. They are also reallocating into international equities, multi-asset strategies, gold and other alternatives with their top markets for exposure over the next 12 months being the United States, the broader Asia-Pacific region and China.