AIA Group's yearly new business value rises 18%

Quick Summary:

Hong-Kong based insurer AIA posted a 18 per cent rise in its annual value of new business (VONB) on Friday, and announced a new $1.6 billion share buy-back, helped by strong performance across at its core markets.

FILE PHOTO: AIA Group logo is pictured on a smartphone in front of an electronic display showing stock graph in this illustration taken, December 4, 2021.

The firm reported VONB, which gauges expected profits from new premiums and is a key barometer for future growth, of $4.71 billion on a constant currency basis for the year ended December 31, compared to $4.03 billion a year ago.

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Category: EconomyBusiness

Markets: Singapore

Topics: Group Year File Experience Logo Mediacorp Smartphone Pictured Billion December Photo:

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Published On: 2025-03-14 @ 06:12:50 (14 hours ago)

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News Source URL: channelnewsasia.com

Language: English

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