Hong Kong, 3 April 2023 – FWD Group Holdings Limited (“FWD Group”) today completed its majority investment, with other investors, in Gibraltar BSN Life Berhad, marking its entry into the Malaysian life insurance market. The transaction was originally announced on 20 February 2023.
As a result, FWD Group can now provide a full-service offering in Malaysia, which it first entered in March 2019, spanning both life insurance and family takaful products.
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About FWD Group
FWD Group is a pan-Asian life insurance business with more than 10 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. FWD reached its 10-year anniversary in 2023. The company is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance. Visit www.fwd.com