Financials
Growing fast but strategy remains unclear - Hong Kong tycoon Richard Li's pan-Asian life insurer aims to raise up to US$3bn in its US IPO. FWD continues to derive the bulk of its premium from slower growth markets and appears to be divesting out of a high growth market as well. Sumeet Singh also fails to see how the company has disrupted the distribution channel or is doing anything different vs. other listed firms. In addition, there are several related party issues investors should consider.
Edition: 120
- 01 October, 2021