Life and Health, News, Ratings, Ratings affirmation, Ratings outlook upgrade

Fitch upgrades FWD Group outlook on strengthening profitability

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.

Jessica Li

December 9, 2025

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3 min read

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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August

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Fitch upgrades FWD Group outlook on strengthening profitability