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FWD Group sees value of new business rise by 35% to $247m
Written by Adam Cadle
08/06/2023
FWD Group has reported a value of new business of US$247m, up 35% compared to Q1 2022.
The new business results reflect a strong recovery in Hong Kong, following the reopening of travel with mainland China.
Huynh Thanh Phong, group CEO and executive director of FWD Group, said: “As we look ahead, FWD remains well-positioned for the expanding insurance sector in Asia - a region with a significant protection gap, accelerating demand for digital services and growing middle-class populations.”
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