Statement following today’s Hong Kong Insurance Authority announcement regarding FWD Management Holdings Limited becoming a designated insurance holding company under its Group Wide Supervision Framework, alongside two other insurers:
“Over the last few years, FWD has actively prepared for, and supported, the development of the Group Wide Supervision Framework through continued dialogue with the Hong Kong Insurance Authority. We believe we are well positioned for a smooth transition to the new framework."
About FWD Group
Established in Asia in 2013 with a trailblazer mentality, FWD is the primary insurance business of investment group, Pacific Century Group
FWD Group spans 10 markets in Asia including Hong Kong SAR & Macau SAR, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan, Malaysia and Cambodia, offering life and medical insurance, general insurance, employee benefits, Shariah and family takaful products across a number of its markets.
FWD is focused on creating fresh customer experiences and making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD aims to be a leading pan-Asian insurer by changing the way people feel about insurance.
For more information please visit www.fwd.com