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

Topic |   Banking & finance
The corporate logo of FWD Group in Singapore. Photo: Shutterstock The corporate logo of FWD Group in Singapore. Photo: Shutterstock
The corporate logo of FWD Group in Singapore. Photo: Shutterstock
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