New business single premium surges nearly 70%, ranking third in Hong Kong² Solidifies position as a top five pan-Asian insurer in Hong Kong³
HONG KONG SAR - Media OutReach Newswire - 8 May 2026 - According to the Provisional Statistics on Hong Kong Long-Term Insurance Business – January to December 2025 from the Insurance Authority of Hong Kong, FWD Hong Kong ("FWD") achieved outstanding performance for the full year of 2025:
- New business first year premium (FYP) increased by 59% year-on-year (YoY) and new business annual premium equivalent (APE) increased by 41% YoY, both outperforming the industry average growth of 51% and 38% respectively¹.
- New business single premium increased by 68% YoY, ranking third in Hong Kong².
- New business FYP for participating insurance products ranked third in Hong Kong⁴.
Ken Lau, Managing Director of Greater China and Hong Kong Chief Executive Officer, FWD
, said, "FWD Hong Kong delivered exceptional results for the full year of 2025, securing top-three market rankings in key business indicators which demonstrated our comprehensive growth momentum. In particular, the strong performance of our participating products underscores a balanced portfolio that excels in both health protection and wealth management. Our tied agency force also expanded by 11% YoY, more than five times the industry average⁵, reflecting our commitment to expanding the team and our confidence in future growth. As we solidify our position as a top five pan-Asian insurer by business scale in Hong Kong³, we will continue to stand by our customer-led approach, bridging protection gaps with innovative products, and changing the way people feel about insurance."
In 2025, FWD's key distribution channels posted strong YoY double-digit growth that surpassed industry average:
- Tied agency channel: New business FYP increased by 52% YoY, outpacing the industry average growth of 42%².
- Bank channel: New business FYP grew by 35% YoY, outperforming the industry average growth of 33%².
- Brokerage channel: New business FYP surged by 89% YoY, exceeding the industry average growth of 79%².
Growth in tied agency team significantly outpaces the industry
FWD's strategic focus on expanding its professional team continues to yield impressive results. The tied agency force grew by 11% YoY in 2025—a rate more than five times the industry average of 2%⁵—further strengthening the company's distribution capabilities.
Click here to download high-resolution images of FWD Hong Kong.
¹ Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation combines individual and group businesses.
² Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation includes individual business only.
³ According to Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong, as well as FWD's own assessment based on market information, FWD ranks among the top five pan-Asian insurers in Hong Kong in both new business FYP and new business case count rankings. Calculated based on individual and group businesses. Pan-Asian insurers refer to multinational insurers currently having a well-established operation in the Asian market with multiple distribution channels.
⁴ Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation includes individual business and non-bank insurers only.
⁵ 《Pi Financial Services Intelligence report》- December 2025.
Hashtag: #FWDHongKong
The issuer is solely responsible for the content of this announcement.
About FWD Hong Kong
FWD Hong Kong is part of the FWD Group (1828.HK), a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD Hong Kong is firmly positioned as a top five pan-Asian insurer by business scale in Hong Kong*.
FWD Hong Kong has been assigned strong financial ratings by international agencies. It offers life and medical insurance, employee benefits, and financial planning.
FWD's customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.
For more information about FWD Hong Kong, please visit www.fwd.com.hk.
*According to Provisional Statistics on Hong Kong Long Term Insurance Business - January to December 2025, Insurance Authority of Hong Kong, as well as FWD's own assessment based on market information, FWD ranks among the top five pan-Asian insurers in Hong Kong in both new business first year premium and new business case count rankings. Calculated based on individual and group businesses. Pan-Asian insurers refer to multinational insurers currently having a well-established operation in the Asian market with multiple distribution channels.
HONG KONG SAR - Media OutReach Newswire - 8 May 2026 - According to the Provisional Statistics on Hong Kong Long-Term Insurance Business – January to December 2025 from the Insurance Authority of Hong Kong, FWD Hong Kong ("FWD") achieved outstanding performance for the full year of 2025:
- New business first year premium (FYP) increased by 59% year-on-year (YoY) and new business annual premium equivalent (APE) increased by 41% YoY, both outperforming the industry average growth of 51% and 38% respectively¹.
- New business single premium increased by 68% YoY, ranking third in Hong Kong².
- New business FYP for participating insurance products ranked third in Hong Kong⁴.
Ken Lau, Managing Director of Greater China and Hong Kong Chief Executive Officer, FWD
, said, "FWD Hong Kong delivered exceptional results for the full year of 2025, securing top-three market rankings in key business indicators which demonstrated our comprehensive growth momentum. In particular, the strong performance of our participating products underscores a balanced portfolio that excels in both health protection and wealth management. Our tied agency force also expanded by 11% YoY, more than five times the industry average⁵, reflecting our commitment to expanding the team and our confidence in future growth. As we solidify our position as a top five pan-Asian insurer by business scale in Hong Kong³, we will continue to stand by our customer-led approach, bridging protection gaps with innovative products, and changing the way people feel about insurance."
In 2025, FWD's key distribution channels posted strong YoY double-digit growth that surpassed industry average:
- Tied agency channel: New business FYP increased by 52% YoY, outpacing the industry average growth of 42%².
- Bank channel: New business FYP grew by 35% YoY, outperforming the industry average growth of 33%².
- Brokerage channel: New business FYP surged by 89% YoY, exceeding the industry average growth of 79%².
Growth in tied agency team significantly outpaces the industry
FWD's strategic focus on expanding its professional team continues to yield impressive results. The tied agency force grew by 11% YoY in 2025—a rate more than five times the industry average of 2%⁵—further strengthening the company's distribution capabilities.
Click here to download high-resolution images of FWD Hong Kong.
¹ Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation combines individual and group businesses.
² Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation includes individual business only.
³ According to Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong, as well as FWD's own assessment based on market information, FWD ranks among the top five pan-Asian insurers in Hong Kong in both new business FYP and new business case count rankings. Calculated based on individual and group businesses. Pan-Asian insurers refer to multinational insurers currently having a well-established operation in the Asian market with multiple distribution channels.
⁴ Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation includes individual business and non-bank insurers only.
⁵ 《Pi Financial Services Intelligence report》- December 2025.
Hashtag: #FWDHongKong
The issuer is solely responsible for the content of this announcement.
About FWD Hong Kong
FWD Hong Kong is part of the FWD Group (1828.HK), a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD Hong Kong is firmly positioned as a top five pan-Asian insurer by business scale in Hong Kong*.
FWD Hong Kong has been assigned strong financial ratings by international agencies. It offers life and medical insurance, employee benefits, and financial planning.
FWD's customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.
For more information about FWD Hong Kong, please visit www.fwd.com.hk.
*According to Provisional Statistics on Hong Kong Long Term Insurance Business - January to December 2025, Insurance Authority of Hong Kong, as well as FWD's own assessment based on market information, FWD ranks among the top five pan-Asian insurers in Hong Kong in both new business first year premium and new business case count rankings. Calculated based on individual and group businesses. Pan-Asian insurers refer to multinational insurers currently having a well-established operation in the Asian market with multiple distribution channels.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
Three new Laguna Phuket developments – spanning lakeside living, golf-front design and Angsana-branded luxury – to be showcased at Park Lane Hong Kong on 16–17 MayCaption
HONG KONG SAR - Media OutReach Newswire - 8 May 2026 - Banyan Group Residences is bringing three of its most anticipated new residential launches to Hong Kong this month, with a two-day sales exhibition taking place at Park Lane Hong Kong (Canvas, 26F) on Saturday 16 and Sunday 17 May 2026, from 11:00 am to 6:00 pm. The event offers Hong Kong buyers a rare opportunity to explore and invest in some of Phuket's most compelling new addresses, with dedicated sales teams on hand for private consultations.
Banyan Group Residences Brings Latest Phuket Property Launches to Hong Kong The exhibitions follow a year of record residential sales for Banyan Group Residences, as growing numbers of global investors look to Phuket as a safe haven for capital - drawn by the island's political stability, strong rental yields, year-round lifestyle appeal, and the relative value it continues to offer against comparable markets. Demand has been particularly robust from buyers across Asia, the Middle East, and Europe, with Hong Kong remaining one of the Group's most consistent source markets.
The three projects on show represent some of the most exciting new additions to Laguna Phuket – Asia's premier integrated resort destination – and span a range of living concepts, price points, and design inspirations, united by the hallmark quality and hospitality expertise of Banyan Group Residences, Asia's leading branded residential developer by volume.
"Hong Kong has consistently been one of our strongest buyer markets, and we look forward to welcoming buyers in person to discover what we believe is an exceptional line-up of new homes," said Stuart Reading, Managing Director of Banyan Group Residences. "Whether you're looking for a holiday retreat, a permanent base in a world-class resort community, or a smart long-term investment, this exhibition offers something genuinely compelling. High-quality property in a prime location at Laguna Phuket still represents outstanding value compared to equivalent homes in Hong Kong or other major cities."
Bellaguna Lake Residences
Brand new blocks of Bellaguna Lake Residences will be revealed for the first time at the exhibition. Set beside a shimmering lake within Laguna Phuket – steps from Bang Tao Beach – the development takes its design cues from the sleek lines of a contemporary luxury yacht. Five elegantly elongated buildings feature dark wave-like façades and warm, light-filled interiors, with generous private terraces overlooking the lagoon. Residences include one- to three-bedroom condominiums and two- to three-bedroom penthouses with private rooftop pools, as well as a brand new category of two-bedroom residences with private pool.
Bellaguna is Banyan Group Residences' newest residential brand, conceived specifically for premium year-round living outside of hotel inventory – yet fully supported by the Group's renowned hospitality management standards.
Bellaguna Golf Residences
Set on land that once formed part of Phuket's historic tin-mining landscape, Bellaguna Golf Residences draws its design identity from that heritage – soft horizontal lines and sculpted contours reinterpreted through a contemporary tropical lens. Low-rise buildings unfold amid lush gardens and a signature free-form pool, overlooking the fairways of the championship Laguna Golf Phuket course. A brand new block has also just been released for this project, which features a compact one-bedroom configuration, alongside one- to three-bedroom condominiums and two- to three-bedroom penthouses with private pools and sunset golf views.
Angsana Golf Residences Topaz
Inspired by the clarity and elegance of the topaz gemstone, Angsana Golf Residences Topaz comprises three gracefully curved low-rise buildings set within Laguna Phuket, with Sino-Portuguese design accents that subtly reference Phuket's cultural heritage. The development offers two- and three-bedroom residences and exclusive penthouses with private rooftop pools, all enjoying panoramic views of the golf course, mountains, and the Andaman Sea. A signature rooftop ring-shaped pool completes the picture.
All three projects now have show units available to view at Laguna Property Sales Gallery
Banyan Living
Banyan Group has recently launched Banyan Living, a residential rental and marketing platform created to support owners of branded residences across the Group's portfolio, while offering guests a professionally managed alternative to traditional home‑sharing platforms.
Developed as a structured, hospitality-led rental ecosystem, Banyan Living enables private owners to generate income from their residences, while providing guests who rent the properties assurance of the design integrity and professional service standards associated with Banyan Group.
Why Phuket, Why Now
Phuket continues to attract growing international interest as both a lifestyle destination and an investment market. Within Laguna Phuket, nationals of some 70 countries have chosen to make the resort community their home, drawn by year-round tropical living, world-class amenities, international schools, medical facilities, and a level of quality and security that is difficult to match elsewhere in the region.
Banyan Group Residences anticipates launching up to USD 1 billion in new luxury residential projects in Phuket over the next two to three years, reflecting the Group's confidence in the market and the enduring strength of demand from international buyers.
Prospective buyers are welcome to visit the exhibition at Park Lane Hong Kong, Canvas (26F), on Saturday 16 and Sunday 17 May 2026, between 11:00 am and 6:00 pm. Private appointments can be arranged in advance by contacting the team directly.
Hashtag: #BanyanGroupResidences #LagunaPhuket #PhuketProperty
The issuer is solely responsible for the content of this announcement.
About Banyan Group
Banyan Group ("Banyan Tree Holdings Limited" or the "Group" – SGX: B58) is an independent, global hospitality company with purpose. The Group prides itself on its pioneering spirit, design-led experiences and commitment to responsible stewardship. Its extensive portfolio spans more than 100 properties, over 140 spas and galleries, and 20-plus branded residences in over 20 countries. Comprising 12 global brands, including the flagship Banyan Tree, each distinct yet united under the experiential membership programme with Banyan. The founding ethos of "Embracing the Environment, Empowering People" is embodied through the Banyan Global Foundation and Banyan Management Academy. Banyan Group is committed to remaining the leading advocate of sustainable travel, with a focus on regenerative tourism and innovative programmes that elevate the guest experience.
About Laguna Phuket
Laguna Phuket is Asia's premier integrated resort destination, set against the stunning backdrop of the Andaman Sea. Spanning over 1,000 acres, the resort features six luxury hotels, an award-winning 18-hole golf course, fine dining, luxury spas, and branded residences. Guests benefit from complimentary shuttle services, a cashless payment system, and access to world-class recreational and wellness facilities.
About Banyan Group Residences
Banyan Group Residences is the property development arm of leading hospitality pioneer Banyan Group, listed on the stock exchange of Singapore. With over 35 years of development experience and an impressive portfolio of residential brands to suit different lifestyles and budgets, it is Thailand's leading lifestyle property developer with a strong and increasingly international pipeline of projects. The Group's main residential brands include the flagship luxury Banyan Tree Residences, Angsana Residences, Dhawa Residences, Garrya Residences, Laguna Residences, Cassia Residences, Skypark, Laguna Lakelands, and Bellaguna.
HONG KONG SAR - Media OutReach Newswire - 8 May 2026 - Banyan Group Residences is bringing three of its most anticipated new residential launches to Hong Kong this month, with a two-day sales exhibition taking place at Park Lane Hong Kong (Canvas, 26F) on Saturday 16 and Sunday 17 May 2026, from 11:00 am to 6:00 pm. The event offers Hong Kong buyers a rare opportunity to explore and invest in some of Phuket's most compelling new addresses, with dedicated sales teams on hand for private consultations.
Banyan Group Residences Brings Latest Phuket Property Launches to Hong Kong
The exhibitions follow a year of record residential sales for Banyan Group Residences, as growing numbers of global investors look to Phuket as a safe haven for capital - drawn by the island's political stability, strong rental yields, year-round lifestyle appeal, and the relative value it continues to offer against comparable markets. Demand has been particularly robust from buyers across Asia, the Middle East, and Europe, with Hong Kong remaining one of the Group's most consistent source markets.
The three projects on show represent some of the most exciting new additions to Laguna Phuket – Asia's premier integrated resort destination – and span a range of living concepts, price points, and design inspirations, united by the hallmark quality and hospitality expertise of Banyan Group Residences, Asia's leading branded residential developer by volume.
"Hong Kong has consistently been one of our strongest buyer markets, and we look forward to welcoming buyers in person to discover what we believe is an exceptional line-up of new homes," said Stuart Reading, Managing Director of Banyan Group Residences. "Whether you're looking for a holiday retreat, a permanent base in a world-class resort community, or a smart long-term investment, this exhibition offers something genuinely compelling. High-quality property in a prime location at Laguna Phuket still represents outstanding value compared to equivalent homes in Hong Kong or other major cities."
Bellaguna Lake Residences
Brand new blocks of Bellaguna Lake Residences will be revealed for the first time at the exhibition. Set beside a shimmering lake within Laguna Phuket – steps from Bang Tao Beach – the development takes its design cues from the sleek lines of a contemporary luxury yacht. Five elegantly elongated buildings feature dark wave-like façades and warm, light-filled interiors, with generous private terraces overlooking the lagoon. Residences include one- to three-bedroom condominiums and two- to three-bedroom penthouses with private rooftop pools, as well as a brand new category of two-bedroom residences with private pool.
Bellaguna is Banyan Group Residences' newest residential brand, conceived specifically for premium year-round living outside of hotel inventory – yet fully supported by the Group's renowned hospitality management standards.
Bellaguna Golf Residences
Set on land that once formed part of Phuket's historic tin-mining landscape, Bellaguna Golf Residences draws its design identity from that heritage – soft horizontal lines and sculpted contours reinterpreted through a contemporary tropical lens. Low-rise buildings unfold amid lush gardens and a signature free-form pool, overlooking the fairways of the championship Laguna Golf Phuket course. A brand new block has also just been released for this project, which features a compact one-bedroom configuration, alongside one- to three-bedroom condominiums and two- to three-bedroom penthouses with private pools and sunset golf views.
Angsana Golf Residences Topaz
Inspired by the clarity and elegance of the topaz gemstone, Angsana Golf Residences Topaz comprises three gracefully curved low-rise buildings set within Laguna Phuket, with Sino-Portuguese design accents that subtly reference Phuket's cultural heritage. The development offers two- and three-bedroom residences and exclusive penthouses with private rooftop pools, all enjoying panoramic views of the golf course, mountains, and the Andaman Sea. A signature rooftop ring-shaped pool completes the picture.
All three projects now have show units available to view at Laguna Property Sales Gallery
Banyan Living
Banyan Group has recently launched Banyan Living, a residential rental and marketing platform created to support owners of branded residences across the Group's portfolio, while offering guests a professionally managed alternative to traditional home‑sharing platforms.
Developed as a structured, hospitality-led rental ecosystem, Banyan Living enables private owners to generate income from their residences, while providing guests who rent the properties assurance of the design integrity and professional service standards associated with Banyan Group.
Why Phuket, Why Now
Phuket continues to attract growing international interest as both a lifestyle destination and an investment market. Within Laguna Phuket, nationals of some 70 countries have chosen to make the resort community their home, drawn by year-round tropical living, world-class amenities, international schools, medical facilities, and a level of quality and security that is difficult to match elsewhere in the region.
Banyan Group Residences anticipates launching up to USD 1 billion in new luxury residential projects in Phuket over the next two to three years, reflecting the Group's confidence in the market and the enduring strength of demand from international buyers.
Prospective buyers are welcome to visit the exhibition at Park Lane Hong Kong, Canvas (26F), on Saturday 16 and Sunday 17 May 2026, between 11:00 am and 6:00 pm. Private appointments can be arranged in advance by contacting the team directly.
Hashtag: #BanyanGroupResidences #LagunaPhuket #PhuketProperty
The issuer is solely responsible for the content of this announcement.
About Banyan Group
Banyan Group ("Banyan Tree Holdings Limited" or the "Group" – SGX: B58) is an independent, global hospitality company with purpose. The Group prides itself on its pioneering spirit, design-led experiences and commitment to responsible stewardship. Its extensive portfolio spans more than 100 properties, over 140 spas and galleries, and 20-plus branded residences in over 20 countries. Comprising 12 global brands, including the flagship Banyan Tree, each distinct yet united under the experiential membership programme with Banyan. The founding ethos of "Embracing the Environment, Empowering People" is embodied through the Banyan Global Foundation and Banyan Management Academy. Banyan Group is committed to remaining the leading advocate of sustainable travel, with a focus on regenerative tourism and innovative programmes that elevate the guest experience.
About Laguna Phuket
Laguna Phuket is Asia's premier integrated resort destination, set against the stunning backdrop of the Andaman Sea. Spanning over 1,000 acres, the resort features six luxury hotels, an award-winning 18-hole golf course, fine dining, luxury spas, and branded residences. Guests benefit from complimentary shuttle services, a cashless payment system, and access to world-class recreational and wellness facilities.
About Banyan Group Residences
Banyan Group Residences is the property development arm of leading hospitality pioneer Banyan Group, listed on the stock exchange of Singapore. With over 35 years of development experience and an impressive portfolio of residential brands to suit different lifestyles and budgets, it is Thailand's leading lifestyle property developer with a strong and increasingly international pipeline of projects. The Group's main residential brands include the flagship luxury Banyan Tree Residences, Angsana Residences, Dhawa Residences, Garrya Residences, Laguna Residences, Cassia Residences, Skypark, Laguna Lakelands, and Bellaguna.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
