FWD completes Gibraltar BSN acquisition

KUALA LUMPUR: FWD Group Holdings Ltd has paved its way into the Malaysian life insurance market after the company completed its majority investment.

Along with other investors, FWD Group has invested in Gibraltar BSN Life Bhd.

In a statement, FWD Group said the transaction was announced originally on Feb 20.

Consequently, FWD Group proceeded with providing a full-service offering in Malaysia after its inception in the country in March 2019.

The insurance company offers both life insurance and family takaful products. 

FWD group is a pan-Asian life insurance entity with over 10 million customers across 10 markets in the world and reached 10 years of establishment this year

The company is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology.

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