FWD acquires MetLife Hong Kong

The company will rebrand and rename MetLife in the next few months.

FWD Management Holdings, the Hong Kong arm of FWD Group, has completed the acquisition of MetLife Limited and Metropolitan Life Insurance Company of Hong Kong, an announcement revealed.

FWD plans to rename and rebrand the newly acquired businesses in the next few months, the company said.

Meanwhile, MetLife Hong Kong will continue to operate through all its existing channels across its businesses. All existing MetLife Hong Kong policies will continue to be honoured by FWD following the change in ownership.

The acquisition is expected to further strengthen FWD's presence, market share, and distribution synergies in the Hong Kong insurance market.