FWD
Active 🦄 Unicorn Listed companyChanging the way people feel about insurance
FWD Financial Limited
About FWD
FWD Group (HKEx:1828) spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan, and Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah and Family Takaful products across a number of its markets. FWD is focused on creating fresh customer experiences with easy-to-understand products supported by digital technology. Through this customer-led approach, FWD aims to become a leading pan-Asian insurer that changes the way people feel about insurance. Established in Asia in 2013, FWD is the insurance business of investment group, Pacific Century Group.
FWD Group has more than $63 billion in assets under management, and as of 2023, approximately 10 million customers across 10 markets.
Funding (US$ m)
US$2.0bn
Total raised
US$4.8bn
Valuation
| Round | Year | Amount |
|---|---|---|
| Latest round | 2022 | 200 |
| Round −1 | 2021 | 1,400 |
| Round −2 | 2020 | — |
| Round −3 | 2019 | — |
| Round −4 | 2018 | — |
| Round −5 | 2014 | 425 |
Financials (US$ m)
| Year | Revenue | EBIT |
|---|---|---|
| 2020 | — | -219 |
| 2021 | 1,770 | 326 |
| 2022 | 2,020 | -284 |
| 2023 | 2,820 | -814 |
| 2024 | 2,840 | 184 |
| 2025 | 3,050 | 322 |
Latest news
- https://www.fwd.com/en/newsroom/press-releases/FWD-Group-delivers-record-full-year-2025-results-with-profitable-growth-improved-capital-and-cash-flow-generation/
- https://www.lifeinsuranceinternational.com/news/fwd-reapplies-for-hk-ipo/?cf-view
- https://www.reuters.com/business/finance/hong-kong-tycoon-richard-lis-fwd-makes-us-ipo-filing-public-2021-09-23/
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Hong Kong
China
India
Korea
Vietnam
Singapore
Kazakhstan
Israel
Qatar
UAE
Germany
Netherlands
Austria
Kenya
Rwanda