FWD Group Holdings Limited reported strong new business profitability for the nine months ended 30 September 2026, with new business contractual service margin reaching US$1.4 billion, a 22 per cent increase year-on-year. Value of new business rose 18 per cent to US$878 million, while new business sales were US$1.95 billion on an annualised premium equivalent basis, according to the unaudited results released via NEWMEDIAWIRE.
The double-digit growth reflects a deliberate shift in product mix, particularly in Hong Kong, where medium-term endowment sales had featured heavily in 2025. Huynh Thanh Phong, Group Chief Executive Officer and Executive Director, said disciplined execution, margin expansion, and diversification across the pan-Asian platform are driving profitable growth. The company’s high-net-worth unit, FWD Private, is well established in international cross-border wealth hubs, positioning it to capture evolving demand for protection and wealth management solutions.
In Thailand, results reflected a focus on higher-margin product sales and a refreshed go-to-market strategy across distribution channels, partly offset by a sustained lower interest-rate environment. The CEO noted a return to new business sales growth in Thailand in the last quarter. Japan delivered outstanding growth in new business sales and profitability, driven by a clear product strategy targeting savings and retirement solutions in a higher interest-rate environment.
The Expansion Markets segment grew on strong sales of investment-linked products in Singapore, increased sales to affluent customers in the Philippines, and a thriving digital channel in Malaysia. The group’s joint venture in Indonesia, BRI Life, continues to lead the market in bancassurance.
In its first year as a listed company, FWD Group received several recognitions for investor engagement. In October, it won the Outstanding Listed Companies Award 2026 from the Hong Kong Institute of Financial Analysts and Professional Commentators, the Excellence Award for First-Year Listed Companies at the Hong Kong Management Association Best Annual Reports Awards 2026, and the Gold Award Annual Report Chairman’s Letter (Insurance: Life & Health category) at the 40th International ARC Awards. The company is listed on the Hong Kong Stock Exchange under stock code 1828, and more information is available at www.fwd.com.
Looking ahead, FWD Group said Asia’s long-term protection, savings, and wealth opportunities remain significant, and it is well positioned to help more people celebrate living with greater financial confidence. The results underscore the insurer’s ability to grow profitably despite a strong comparable period in 2025, particularly in the Hong Kong & Macau segment, and highlight the importance of product diversification and margin discipline in a competitive regional market. The original release is available on www.newmediawire.com.
