FWD Private (Bermuda) today announced that it has set a new Guinness World Records™ title for the Most Valuable Life Insurance Policy. The record-breaking policy, issued by FWD Private, has a sum assured of US$318 million and was tailored for an individual client as a comprehensive solution for wealth preservation and intergenerational legacy planning. Founded in 2023, FWD Private provides comprehensive legacy planning solutions and services for high-net-worth and ultra-high-net-worth clients. The company said the record further demonstrates FWD’s corporate strength in combining innovative solutions and professional advisory services to meet clients’ diverse protection and wealth planning needs.
FWD Private Chief Strategic Partner Sales Director 冼艾齡 said the record policy is an important milestone for FWD and reflects the trust of high-net-worth clients. She said the achievement further consolidates FWD’s leading position in the high-net-worth market and demonstrates its strength in wealth and legacy planning and protection strategies. Building on a solid business foundation, she said, FWD Private is continuing to accelerate its expansion across Asia, offering tailor-made legacy planning solutions so that clients and their families can live with passion. She also thanked partners including insurance broker Charles Monat Associates, private banks and reinsurers, as well as internal teams in distribution, case management, product solutions, underwriting and corporate governance, for helping bring the policy to issue.
Charles Monat Associates Hong Kong Chief Executive Officer Teddy Chu (朱遠達) said the firm was very proud to have again been involved in setting the Guinness World Records™ title for the Most Valuable Life Insurance Policy, with the same adviser leading the advisory work on both record policies. He said the firm’s experience in designing diversified solutions played an important advisory role in planning an appropriate legacy solution, and that the new record further consolidates Hong Kong’s position as one of the world’s leading wealth management and life insurance hubs. It also, he said, highlights the importance of close cooperation among insurance brokers, insurers and banking partners in meeting the growing wealth planning needs of high-net-worth and ultra-high-net-worth individuals. FWD said it will continue to expand its high-net-worth business in Hong Kong and other markets, focusing on innovative products and services, a strong customer experience and the ability to respond quickly to the market, with the aim of becoming a preferred insurance brand for diverse wealth planning and protection needs.
