FWD Group to invest in BRI Life.

FWD Group, a provider of life and general insurance products and services, is set to invest in BRI Life, a company engaged in underwriting of life insurance. Financial terms were not disclosed. “Indonesia is a country that offers great economic potential and one of our key markets in the region where we intend to increase our investment over the long term. We’re excited to work closely with both BRI and BRI Life to extend FWD’s insurance expertise and digital capabilities to more customers in Indonesia. This investment will add significant size and scale to our presence in Indonesia, reflecting the substantial opportunity FWD sees to change the way people feel about insurance in a highly underpenetrated, rapidly growing market," Huynh Thanh Phong, FWD Group CEO.