FWD Group Holdings Limited announced strong new business growth for the nine months ended 30 September 2025, powered by organic growth across most of its 10 Asian markets. The company reported a surge in its new business contractual service margin $(CSM)$, which continues to strengthen its CSM balance and boost earnings over time. FWD Group highlighted multiple strategic capital management actions, including successful refinancing in September and a successful IPO in July, which have significantly reduced overall debt, financing costs, and leverage. This has enhanced the company's financial strength and positioned it to accelerate its customer-led growth strategy. Exceptional demand from both local and visiting customers contributed to robust new business growth in Hong Kong SAR and Macau SAR.