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.
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.
Marcus Thomas, Brett Gardiner, Shawn Anderson, Ben Hissey, and Angelo Maniatis have all taken new leadership roles following Liberty’s recent regional business integration.
China Taiping finds itself on both sides of the claims ledger following Hong Kong's deadly Tai Po fire, with its reinsurance subsidiary among three confirmed reinsurers backing the group's primary insurance...