Ratings affirmation and outlook upgrade came as FWD Group moved from its inaugural full-year profit of US$10m in 2024 to US$39m in the first half of 2025, driven by new business growth.
As part of 'refreshed' strategy, reinsurer has raised L&H unit's 2026 income target to US$1.7bn, having completed a portfolio review in Australia, Israel, and South Korea.
The firm's new business profit also rose 12% to US$1.96bn for the first 9 months of 2025, driven by a 6% increase in annual premium equivalent and a stronger profit margin.
The Japan edition of SAP Fioneer Cloud for Insurance includes features tailored for local regulatory and business needs, with support and implementation managed by Fujitsu.
