News Risk Management05 Dec 2022

Hong Kong:Moody's upgrades FWD Limited's ratings

| 05 Dec 2022

Moody's Investors Service has upgraded the issuer rating and senior unsecured debt rating of pan-Asia insurer FWD Limited to 'Baa2' from 'Baa3', as well as the rating of the company's subordinated perpetual capital securities to 'Ba1(hyb)' from 'Ba2(hyb)'. Moody's has also changed the outlook on FWD Limited to 'Stable' from 'Positive'.

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