Richard Li’s FWD sets world record with sale of US$318m life insurance policy
FWD Private (Bermuda), a unit of Hong Kong-listed FWD Group founded by billionaire Richard Li Tzar-kai, has set a new Guinness World Record by selling a US$318 million life insurance policy, the companies said in separate announcements on Tuesday. The record-breaking sale surpasses the previous record of US$300 million set by Manulife Singapore in February this year. Previously, HSBC Life Hong…
We haven't written up this one. South China Morning Post - Hong Kong has the full story — the link below goes straight to it.
