Slaughter and May is advising FWD on its acquisition of a 25% equity interest in Bolttech Insurance (Hong Kong) Company Limited

Slaughter and May is advising FWD Group Holdings Limited ("FWD") on the acquisition by its wholly-owned subsidiary, FWD Limited, of a 25% equity interest in Bolttech Insurance (Hong Kong) Company Limited ("Bolttech HK") from Bolttech Discovery Holdings Limited, a wholly-owned subsidiary of Bolttech Holdings Limited ("Bolttech"), for a base consideration of US$20.72mn, subject to closing adjustment.

The transaction was announced on 12 October 2026. Completion is conditional upon, among other things, regulatory approval. 

The transaction provides FWD with the opportunity to acquire a non-controlling minority interest in a business that operates an established general insurance business in Hong Kong and with which FWD has maintained a longstanding commercial relationship, and to further strengthen the existing partnership between the parties in group medical insurance and to enhance cooperation in personal general insurance products. 

FWD (1828.HK) is a pan-Asian life and health insurance business serving over 40 million customers across 10 markets. 

Bolttech is an insurance technology company primarily focusing on technology services enabling business partners to provide general insurance products.