The Business Times
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FWD to pull out of employee benefits business in Singapore

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Published Wed, Dec 4, 2019 · 09:50 PM

Singapore

FWD Group, the insurance arm of Hong Kong's investment conglomerate Pacific Century Group, will wind down its employee benefits business in Singapore by December 2020, a company spokesman told The Business Times (BT).

This means that FWD Singapore will no longer pitch for new contracts for that business and will also not renew existing contracts once they expire, the spokesman added.

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