FWD Group posts strong Q1 2026 new business growth across Asia
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FWD Group Holdings Limited reported a 4% year-on-year increase in new business sales for Q1 2026, reaching US$720 million, with a new business contractual service margin up 18% to US$556 million. The growth was driven by Japan and Southeast Asia, while Hong Kong and Macau benefited from strong domestic demand. FWD launched 11 new products and appointed Knattapisit Krutkrongchai as Thailand CEO, reflecting confidence in Asia's middle class. Analysts rate the stock (HK:1828) as a Buy with a target price of HK$43.00.
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