AIA Group Ltd (1299.HK)
20 Feb 2017
Latest Key Developments (Source: Significant Developments)
AIA Group Ltd <1299.HK> : 27 per cent growth in VONB to US$689 million in Q3 . VONB margin of 50.7 per cent in Q3 . Q3 annualised new premiums (ANP) US$1.33 billion versus US$936 million . Life insurance markets in Asia will continue to benefit from significant structural economic and demographic trends ."Remain confident in prospects for AIA". Full Article
AIA Group Ltd <1299.HK>: Interim results for the six months ended 31 May 2016 . HY value of new business (VONB) $1.26 billion versus $959 million a year ago . 17 per cent increase in interim dividend to 21.90 Hong Kong cents per share . HY free surplus up 10 per cent in the first half to US$8.2 billion . "Outlook for the global economy remains increasingly unpredictable" . HY 31 per cent increase in annualised new premiums (ANP) to US$2.36 billion . HY IFRS operating profit after tax (OPAT) up 14 per cent to US$1.96 billion . HY VONB margin up 2.4 pps to 52.7 per cent ."Remain confident in the prospects for the group". Full Article
SYDNEY/SINGAPORE/TOKYO Australia and New Zealand Banking Group's sale of its life insurance and wealth business, which has been valued at $3.33 billion by the bank, is attracting interest from Japan’s Meiji Yasuda and Hong Kong-based AIA Group , according to people familiar with the situation.