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AIA Group Reports 14% Rise in New Business Value Across Asia
20 Aug
Summary
- AIA's value of new business up 14% in first half of 2025
- Hong Kong and mainland China lead growth, with double-digit gains
- Company declares 10% higher interim dividend
In the first half of 2025, AIA Group, a major insurance provider in Asia, reported a 14% increase in its value of new business (VONB), a key metric that measures expected profits from new premiums. The company's VONB reached $2.84 billion on a constant exchange rate basis, up from $2.46 billion a year earlier.
The Hong Kong market was the biggest contributor to AIA's growth, posting a 24% increase in new business value to $1.06 billion. Sales from both domestic customers and those visiting the territory from mainland China showed strong double-digit growth. Mainland China, AIA's second-largest market, also reported a 10% increase in VONB during the first half of the year.
Besides its strong performance in Hong Kong and mainland China, AIA operates in 18 other markets across Asia, including Thailand, Singapore, Malaysia, Indonesia, the Philippines, and South Korea. The company also has a presence in Australia, New Zealand, and a joint venture in India.
To reward shareholders, AIA declared an interim dividend of 49 Hong Kong cents per share, 10% higher than the previous year's payout.
