2024年业绩“V型反转”，富卫集团四度闯关港交所

Core Viewpoint - The recent IPO attempt by FWD Group, led by Richard Li, marks its fourth attempt to go public in Hong Kong, with a focus on achieving profitability in 2024 after previous losses [1][3]. Group 1: Company Overview - FWD Group is a rapidly growing pan-Asian life insurance company, offering a diverse range of products including life insurance, health insurance, employee benefits, and investment products [1][5]. - The company has expanded its operations across 10 markets, with annual new premium income exceeding $1.9 billion [1][2]. Group 2: Historical Context - The acquisition of ING's insurance business in Hong Kong, Macau, and Thailand in 2013 is considered the starting point for FWD Group's growth [2]. - FWD has pursued an aggressive acquisition strategy, expanding its footprint in Southeast Asia through multiple acquisitions over the years [2][3]. Group 3: Financial Performance - FWD Group's financial turnaround is highlighted by a projected net profit of $10 million in 2024, a significant recovery from losses of $717 million in 2023 and $320 million in 2022 [3][4]. - The company reported a substantial increase in investment returns, with a projected rise of 251.53% to $1.26 billion in 2024 [3][4]. Group 4: Market Position and Strategy - FWD Group has become one of the top five insurance companies in Southeast Asia by annualized new premium income as of 2023 [2][6]. - The company plans to utilize IPO proceeds to enhance capital levels, improve solvency, and support growth initiatives, focusing on customer experience, distribution channel expansion, product innovation, and digital capabilities [6].