Insurer AIA Group posts 10% jump in half-year new business value
All reportable segments delivered positive growth except Thailand
AIA Group, an insurer, reported a 10% increase in the value of new business (VONB) for the half-year period ending on August 20, 2025. This growth was attributed to strong performance across all distribution channels and segments, with the exception of Thailand. The VONB, which measures expected profits from new premiums, reached US$3.21 billion on a constant exchange rate basis.
This figure was in line with the consensus estimate of US$3.2 billion. Notably, the company's Hong Kong business, a major profit contributor, saw a 10% increase in VONB for the half-year period. AIA's VONB margin remained robust at 57.1% for the first half of the period. The CEO and president, Lee Yuan Siong, highlighted Asia as the most compelling growth opportunity for the company, emphasizing that regional tailwinds are driving demand for the insurer's products.
AIA operates in 18 Asian markets, including mainland China, Singapore, Malaysia, Indonesia, the Philippines, South Korea, Australia, New Zealand, and a joint venture in India. Despite recent regulatory changes in Hong Kong, the insurer declared an interim dividend of HK$0.539 (US$0.069) per share, which was an 10% increase from the previous year.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
