Live Breaking News & Updates on Ore Than Double The Prior Year Period Huynh Thanh Phong

HONG KONG, Sept. 14, 2022 /PRNewswire/ FWD Limited and FWD Group Limited - consolidated subsidiaries of FWD Group Holdings Limited ("FWD Group" or "the Company") - announced updates and additional information, including FWD Group's results for the six months ended 30 June 2022, as part of announcements made today to the Hong Kong Exchange ("HKEX") in relation to their respective listed notes and perpetual securities. As detailed in the filing, FWD Group continued to deliver strong organic growth in the first half of 2022, with its value of new business ("VNB") reaching US$405 million, up 25% compared to the prior year period. The Company also reported that its segmental adjusted operating profit before tax was US$200 million, more than double the prior year period. Huynh Thanh Phong, Group Chief Executive Officer and Executive Director of FWD Group, said, "We continued our strong track record of consistently delivering organic growth, ....

Hong Kong , Huynh Thanh Phong , Group Holdings Limited , Group Holdings , Hong Kong Exchange , Holdings Limited , Thanh Phong , Group Chief Executive Officer , Executive Director , Sept 14 , 022 Prnewswire Fwd Limited And Group Consolidated Subsidiaries Of Holdings Quot Or The Company Announced Updates Additional Information , Ncluding Fwd Group 39s Results For The Six Months Ended 30 June 2022 , S Part Of Announcements Made Today To The Hong Kong Exchange Quot Hkex In Relation Their Respective Listed Notes And Perpetual Securities As Detailed Filing , Wd Group Continued To Deliver Strong Organic Growth In The First Half Of 2022 , Ith Its Value Of New Business Quot Vnb Reaching Us 405 Million , P 25 Compared To The Prior Year Period Company Also Reported That Its Segmental Adjusted Operating Profit Before Tax Was Us 200 Million , Ore Than Double The Prior Year Period Huynh Thanh Phong , Roup Chief Executive Officer And Director Of Fwd Group , Uot We Continued Our Strong Track Record Of Consistently Delivering Organic Growth , Emonstrating That Our Strategy Is Working In Nine Years , Wd Group Reached Critical Scale And Hit An Inflection Point Our Performance Is Even More Impressive Considering The Headwinds That Industry Communities In Asia Continue To Face Navigating Covid 19 Pandemic This Year Quot We Are Changing Way People Feel About Insurance Through Customer Led Approach , Hich Combines Our Digitally Enabled Platform And Trusted Distribution Channels Life Insurance In Asia Isa Massive Underserved Market We Are Well Positioned To Capture The Region 39s Savvy , Ising Middle Class With Our Proven Ability To Make Insurance Easy Quot Today 39s Announcement Provided Bondholders An Update On The Consent Solicitation Process It Also Additional Information Financial Performance Of Fwd Group , He Entity That Will Be Substituted As Issuer Of The Securities If Previously Communicatedproposals Are Implemented In Full Announcements Available On Hkex 39s Website About Fwd Group Isa Pan Asian Life Insurance Business With Approximately 10 Million Customers Across Markets , Ncluding Some Of The Fastest Growing Insurance Markets In World Established 2013 , Wd Is Focused On Making The Insurance Journey Simpler ,