HONG KONG—Insurance company FWD Group Holdings Ltd., owned by Hong Kong billionaire Richard Li, made its filing for a stock market listing in the United States public on Thursday Sept. 23, revealing a jump in revenue last year.
The insurer, which will list through an initial public offering (IPO), posted revenue of $9.49 billion last year. FWD also said its net loss applicable to shareholders narrowed to $243 million in the year ended Dec. 31, 2020, compared with a $278 million loss a year earlier.
