UK’s Prudential to Buy Thai Bancassurance Partnership from FWD Group March 19, 2020 By Manuel Baigorri Prudential Plc, the UK insurer besieged by activist investor Third Point, has agreed to acquire a bancassurance partnership in Thailand...
Swiss Re-Backed Insurer FWD Eyes China Expansion Ahead of Potential IPO July 31, 2019 By Sumeet Chatterjee Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its...
Swiss Re-Backed FWD in Talks for Biggest-Ever Southeast Asian Insurance Deal March 22, 2019 By Manuel Baigorri FWD Group, backed by billionaire Richard Li, has revived talks about a potential acquisition of the life insurance operations of...
Hong Kong Insurer FWD Hires Ex-Deutsche Bank Dealmaker as M&A Adviser February 20, 2019 By Cathy Chan and Manuel Baigorri FWD Group, the insurer backed by Hong Kong billionaire Richard Li, has hired former Deutsche Bank AG dealmaker Tan Boon-Kee...
Billionaire Li’s FWD Group Nearing Deal to Buy CBA’s Indonesia Unit October 22, 2018 By Joyce Koh, Manuel Baigorri, Emily Cadman and Fathiya Dahrul Billionaire Richard Li’s FWD Group is nearing an agreement to buy control of Commonwealth Bank of Australia’s Indonesian life insurance...
Hong Kong’s FWD to Buy HSBC’s Stake in Malaysia Insurance Joint Venture: Sources August 28, 2018 By Sumeet Chatterjee and Liz Lee Hong Kong-based insurer FWD Group has agreed to buy HSBC Holdings Plc’s stake in a Malaysian insurance joint venture as...
Hong Kong Insurer FWD Group Eyes Singapore Listing July 31, 2018 By Joyce Koh, Andrea Tan and Manuel Baigorri Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves...
Swiss Re-Backed Insurer FWD Weighs IPO in Hong Kong June 27, 2018 By Manuel Baigorri and Crystal Tse Hong Kong billionaire Richard Li is laying the groundwork for a potential initial public offering of his insurance company FWD...
FWD Taps Union Life’s Lau as MD of Greater China, CEO of Hong Kong & Macau April 3, 2018 FWD Group announced the appointment of Ken Lau as managing director, Greater China, and chief executive officer, Hong Kong &...
AIG Completes Sale of Japanese Life Unit to FWD Group May 2, 2017 American International Group announced it has successfully completed the sale of AIG Fuji Life Insurance Co. Ltd. (AFLI) to FWD...