FWD saw the value of new business hit US$482m, with the businesses' results boosted by the return of Chinese visitors to Hong Kong and Macau, strong bancassurance partnerships, and expanded agency presence...
The Hong Kong headquartered insurer also saw a 50% increase in net profit, with results attributed to strong sales recovery in key markets and its bancassurance strategy.
HDI recently expanded its Asia offering to include Political Risk and Credit and Graham Silton—MD for Singapore—says the group has plans for further regional expansion in 2024.