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FWD Group: Confident in Sustaining Growth Momentum
FWD Group (01828) achieved record-high profits last year. Group CFO and COO Xue Jianneng quoted industry research reports stating that the value of new business in Hong Kong’s insurance industry can maintain double-digit growth in the coming years. FWD is confident in maintaining its growth momentum and will continue to allocate resources to invest in business and talent.
FWD Group did not declare a dividend. Xue Jianneng emphasized that, as a newly listed and young company, the group has financial flexibility. It will continue to execute its established strategy, focusing on the 10 existing markets to develop its business as a growth company.
FWD Group CEO and Executive Director Wong Ching-fung stated that the outlook for Hong Kong’s insurance industry is promising. Additionally, as a wealth management hub, the group will further expand its brand FWD Private, targeting high-net-worth clients.