The corporate logo of FWD Group in Singapore. Photo: Shutterstock
The corporate logo of FWD Group in Singapore. Photo: Shutterstock

Richard Li’s FWD pays record US$3 billion for life insurance unit of Thailand’s Siam Commercial Bank

  • The deal is the largest insurance takeover in Southeast Asia in terms of value
  • Insurer has spent US$3.76 billion in eight acquisitions across Asia over the past five years, in preparation for an IPO in Singapore or Hong Kong, analysts say

The corporate logo of FWD Group in Singapore. Photo: Shutterstock
The corporate logo of FWD Group in Singapore. Photo: Shutterstock
READ FULL ARTICLE