--- title: "FWD Group posts strong Q1 2026 new business growth across Asia" type: "News" locale: "en" url: "https://longbridge.com/en/news/284660313.md" description: "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." datetime: "2026-04-29T23:46:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284660313.md) - [en](https://longbridge.com/en/news/284660313.md) - [zh-HK](https://longbridge.com/zh-HK/news/284660313.md) --- # FWD Group posts strong Q1 2026 new business growth across Asia ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks FWD Group Holdings Limited ( (HK:1828) ) has issued an announcement. FWD Group reported robust new business momentum for the first quarter of 2026, with new business sales rising 4 per cent year on year to US$720 million on an annualised premium equivalent basis and new business contractual service margin climbing 18 per cent to US$556 million. The insurer launched 11 new products across the region, building on survey findings that Asia’s middle class feels financially anxious and underprepared for retirement. Growth was broad-based, led by Japan and the group’s Southeast Asian expansion markets, while Hong Kong SAR and Macau SAR continued to benefit from both domestic demand and their roles as regional financial hubs. Thailand and Cambodia remained focused on higher-quality new business amid lower interest rates, and FWD is strengthening its leadership there with the appointment of veteran executive Knattapisit Krutkrongchai as Thailand CEO, underlining its long-term confidence in Asia’s rising middle class and high-net-worth segments. The most recent analyst rating on (HK:1828) stock is a Buy with a HK$43.00 price target. To see the full list of analyst forecasts on FWD Group Holdings Limited stock, see the HK:1828 Stock Forecast page. **More about FWD Group Holdings Limited** FWD Group Holdings Limited is a pan-Asian life insurer headquartered in Hong Kong, incorporated in the Cayman Islands and listed under stock code 1828. The company offers protection, savings, retirement and high-net-worth solutions across markets including Hong Kong SAR, Macau SAR, Japan, Thailand, Cambodia and several Southeast Asian expansion markets. **Average Trading Volume:** 541,831 **Technical Sentiment Signal:** Strong Sell **Current Market Cap:** HK$39.62B For a thorough assessment of 1828 stock, go to TipRanks’ Stock Analysis page. ### Related Stocks - [01828.HK](https://longbridge.com/en/quote/01828.HK.md) ## Related News & Research - [FWD Group Sets 2026 AGM to Renew Board and Capital Mandates](https://longbridge.com/en/news/282931949.md) - [DBS Reaffirms Their Buy Rating on FWD Group Holdings Limited (1828)](https://longbridge.com/en/news/285012073.md) - [TikTok's middle class is gaining power](https://longbridge.com/en/news/287058493.md) - [4Sight expects FY earnings per share up 29.3%-40.1%](https://longbridge.com/en/news/287226173.md) - [Ganfeng Lithium starts small-scale production of 500 Wh/kg solid-state batteries](https://longbridge.com/en/news/287152551.md)