The deal, which is set to be completed in October, covers policy reserves of approx. ¥310bn (US$2.09bn), with Swiss Re retroceding all mortality risk associated with the portfolio
Hanoi-based non-life insurer said the capital injection will support its ability to underwrite larger and more complex projects and follows similar moves across Vietnam's insurance sector.
The planned 10-year Reg S bond will be used for refinancing and general corporate purposes, marking the insurer’s first return to offshore debt markets in more than a year.
FWD’s new issuance comes after its Hong Kong IPO in July, with proceeds aimed at reducing funding costs and supporting capital strength as profitability improves.
According to a Bloomberg report, Taiwan's life insurance association is asking its members to study adjustments as hedging expenses climb and firms prepare to rebuild currency protection.
The proposal would mark India's third FDI liberalisation in a decade, potentially reshaping insurer joint ventures and aligning with the government's “Insurance for All by 2047” goal.
