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Richard Li’s FWD sets world record with sale of US$318m life insurance policy

Richard Li’s FWD sets world record with sale of US$318m life insurance policy

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…

www.scmp.com/business/banking-finance/article/3373928/richard-lis-fwd-sets-world-record-sale-us318m-life-insurance-policy

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