AIA Group’s business performance for the six
months ended 31 May 2012 show that its value of new business grew
(VONB) by 28% to $512m compared with $399m in H1 2011.
The group’s VONB margin rose by 6.6% from 36%
in H1 2011 to 42.6% in H2 2012.
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AIA Group’s embedded value increased by 6% to
$28.8bn in H1 2012. Meanwhile, its operating profit after tax
climbed by 12% to $1.08bn in H1 2012.
Mark Tucker, AIA’s group chief executive and
president said the group’s “continuing momentum” and growth are a
testament to the clear strategic objectives that have been put in
place since its listing.
Tucker said: “We continue to be excited and
optimistic about the opportunities presented by the continued
dynamic economic growth and strong underlying demand for long-term
savings, accident and health and other protection products in
Asia.”
