Asian Insurer Fwd Group Raises $200M In Pre-Ipo Funding
PRIVATEJan 19, 2022
Amount Raised
$200 Million
Round Type
Venture
ChinaOtherFinancial ServicesSoftwareMedia And EntertainmentEventsHealth CareEmployee BenefitsInsurtechInsurance
Description
Asian insurer FWD Group has raised $200 million in new funding ahead of its planned Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter.
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Company Information
Company
Fwd Group
Location
China
About
FWD Group Holdings Limited is a pan-Asian life and health insurance business with operations across 10 markets, including some of the fastest-growing insurance markets in the world. It has been operating in Vietnam since 2016 and is the exclusive bancassurance partner of Vietcombank.
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Fundz sees it the moment Fwd Group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.