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FWD Thailand
FWD Thailand began operations in 2013 as part of FWD Group, the vehicle established by Pacific Century Group. Richard Li Tzar-kai chairs the parent, while...
FWD Thailand
FWD Thailand began operations in 2013 as part of FWD Group, the vehicle established by Pacific Century Group. Richard Li Tzar-kai chairs the parent, while Swiss Re holds an approximate 13.4 percent minority stake. The firm writes life, health and unit-linked policies. It maintains a long-term bancassurance partnership with Siam Commercial Bank and operates an agency force that includes 396 Million Dollar Round Table qualifiers. Geographic reach centers on Thailand with limited activity in Cambodia. Confirmed holdings include full ownership of SCB Life Assurance Public Company Limited. Assets total 18.15 billion USD. The head office occupies floors in O-NES Tower, Bangkok. In 2024 the firm sponsored the HiVE Conference in Los Angeles and attended the FWD Elite Summit in Taipei. Philanthropic activity runs through Junior Achievement Thailand and the Pimali Foundation. FWD Thailand operates as a wholly owned subsidiary within the larger FWD Group network rather than as an independent family office or asset manager. Governance flows through the group CEO and regional leadership.
General information
Firm type
Insurance
Year founded
2013
AUM
18150 (Altss estimate)
Location
Region
Asia
Country
Thailand
City
Bangkok
Corporate office
Number 6 O-NES Tower, 4th, 22nd-23rd Floors Soi Sukhumvit 6, Bangkok Khlong Toei
Principals
David Korunić
Chief Executive Officer for FWD Thailand & Cambodia
Huynh Thanh Phong
Group Chief Executive Officer
Sector focus
Frequently asked questions
Who runs investment decisions at FWD Thailand?
David Korunić serves as CEO for Thailand and Cambodia. Group-level investment oversight rests with Huynh Thanh Phong.
Does FWD Thailand participate in fund commitments or only direct deals?
The record shows direct ownership of SCB Life Assurance and a partnership stake in Bolttech Insurance Broker Thailand.
Where does the underlying wealth come from?
FWD Thailand is a corporate operating subsidiary of FWD Group, majority owned by Pacific Century Group.
What is FWD Thailand's known posture on co-investments alongside external GPs?
No direct GP co-investment activity is recorded; the firm maintains distribution and service partnerships instead.
How is FWD Thailand related to Pacific Century Group?
Pacific Century Group established FWD in 2013 and remains the majority owner through FWD Group Holdings Limited.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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