On November 10, FWD Private, a high-net-worth business brand under Fuwei Group founded by Li Chak-kai, son of Li Ka-shing, announced that it had set a new Guinness World Record for the “highest value life insurance policy” record. The record policy covers an amount of US$318 million and was issued by FWD Private to tailor a comprehensive plan for an individual client to help them achieve wealth preservation and cross-generational succession planning.

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