Asia: Swiss Re to invest up to US$425 mln in FWD Group
Source: Asia Insurance Review | Nov 2013
Swiss Re has entered into an agreement with Pacific Century Group (PCG) to invest up to US$425 million in FWD Group (FWD), the latter's insurance arm. Swiss Re's investment in FWD consists of an initial investment for a 12.3% stake in FWD and a commitment for additional investments to fund FWD's planned expansion across Asia.
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