FWD Group Holdings has refiled its application for listing on the main board of the Hong Kong Stock Exchange.

The Asia-focused insurer, controlled by Hong Kong billionaire Richard Li, had first sought to launch an initial public offering in February 2022 and secured approval in May. The company, however, put the deal on hold.

It filed a new application in September, which is about to expire. The company is reportedly seeking to raise about US$1 billion.