FWD heartened by positive first year

September 05, 2017 | 17:36
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FWD Vietnam Life Insurance Company Ltd. (FWD), part of pan-Asian FWD Group, have celebrated its first anniversary in Vietnam following the acquisition of Great Eastern Life Insurance on September 1, 2016 and the subsequent launch of the FWD brand.
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FWD celebrates a resoundingly successful first year

FWD has grown dramatically in its first year, jumping up several ranks in market share and achieving the full year sales target by August. The number of new customers now protected by FWD in the first eight months of 2017 increased multifold over previous years.

Anantharaman Sridharan, FWD’s general director, said: "We had an impressive year in Vietnam, as did our group across the region. Our success is due to our vision to change the way people feel about insurance as well as thanks to a comprehensive development strategy implemented by our team.”

The achievements are due to the company’s strategy to reach the top five in the Vietnamese life insurance industry within the next five years.

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By By Hoang Anh

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