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...
Swiss Re-Backed FWD Raises $1.4 Billion, Weighs Hong Kong IPO December 14, 2021 By Manuel Baigorri Billionaire Richard Li’s FWD Group Ltd. raised more than $1.4 billion in private placements with investors including an insurer backed...
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...
ACE Completes Majority Stake Acquisition of Thailand’s Siam Commercial Samaggi April 30, 2014 ACE Limited announced that the company and its local partner have acquired a 60.9 percent stake in The Siam Commercial...