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The company then expanded into the Philippines in 2014 and Indonesia in 2015. Expanding into three more countries in 2016, [4] [8] that year FWD Group acquired Shenton Insurance in Singapore, [9] also purchasing a unit from Great Eastern Holdings Ltd. in Vietnam [8] for $35 million. [16] In late 2016, FWD agreed to buy AIG's Fuji Life Insurance ...
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Re-entering the insurance business, [29] in March 2013, Li's PCG acquired the Hong Kong, Macau and Thailand insurance business of ING Groep N.V. [8] for $2.1 billion, [30] renaming it FWD Group. [8] With backing by Swiss Re , Li expanded FWD Group through acquisitions, [ 30 ] appointing Ronald Arculli as FWD chairman in October 2013. [ 29 ]
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The Four Wheel Drive Auto Company, more often known as Four Wheel Drive (FWD), was a pioneering American company that developed and produced all-wheel drive vehicles. It was founded in 1909 in Clintonville, Wisconsin , as the Badger Four-Wheel Drive Auto Company by Otto Zachow and William Besserdich. [ 1 ]
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