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FWD: Moderate Sales Growth in HK for 1Q
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FWD (01828.HK)'s Group Chief Executive Officer cum Executive Director Huynh Thanh Phong stated that Hong Kong has not only grown in the insurance market in recent years but has also become a significant global wealth management center, and that the company will use Hong Kong as a springboard to expand its business.

FWD's Group Chief Financial Officer Sid Sankaran remarked that the group envisions the sales growth in Hong Kong for the first quarter of this year to be moderate. He said the industry anticipates that the new business value of Hong Kong's insurance sector can maintain double-digit growth in the coming years, and the group is confident in sustaining its growth momentum.

Related NewsFWD Annual Results Swing to NP US$104M; Nil Div.

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