Asian Insurer FWD Group Raises $200M in Pre-IPO Funding: Sources January 19, 2022 By Scott Murdoch Asian insurer FWD Group has raised $200 million in new funding ahead of its planned Hong Kong initial public offering...
FWD Group Withdraws U.S. IPO Plan, Pivoting Instead to Hong Kong December 21, 2021 By Crystal Tse FWD Group Ltd., the Hong Kong-based insurer backed by billionaire Richard Li, withdrew its U.S. initial public offering as China...
Hong Kong Tycoon Richard Li’s Insurer FWD Makes U.S. IPO Filing Public September 24, 2021 Insurance company FWD Group Holdings Ltd., owned by Hong Kong billionaire Richard Li, made its filing for a stock market...
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...
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 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...
AIG Agrees to Sell Japan Life Business to Hong Kong’s FWD Group November 15, 2016 By Sonali Basak and Prudence Ho Hong Kong tycoon Richard Li is poised to buy American International Group Inc.’s Fuji Life Insurance Co. business, a deal...
Hong Kong’s Li Returns to Insurance with $2.1 Billion ING Deal October 19, 2012 By Clare Baldwin and Denny Thomas Hong Kong businessman Richard Li, the younger son of Asia’s richest man, is buying ING’s Hong Kong, Macau and Thailand...
Hong Kong’s Li Nears $2 Billion Acquisition of ING Units: Reuters October 18, 2012 By Clare Baldwin and Denny Thomas Hong Kong businessman Richard Li, younger son of Asia’s richest man Li Ka-shing, is nearing a deal to buy ING’s...