Swiss Re announced that it has entered into an agreement with Pacific Century Group to invest up to $425 million in FWD Group, describing it as a confirmation of its “commitment to the High Growth Markets.” Swiss Re’s investment in …
Hong Kong businessman Richard Li, the younger son of Asia’s richest man, is buying ING’s Hong Kong, Macau and Thailand insurance units for $2.14 billion in cash, bringing the Dutch financial services company a step closer to paying off its …
Hong Kong businessman Richard Li, younger son of Asia’s richest man Li Ka-shing, is nearing a deal to buy ING’s Hong Kong and Thailand business for over $2 billion, sources with direct knowledge of the matter told Reuters on Thursday. …
