AIA Posts Record New Business in 1st Half, Boosts Dividend
By P.R. Venkat
Insurer AIA Group posted record new business value in the first half, with majority of its markets delivering positive growth.
The value of new business was $2.84 billion and its new-business margin rose 3.4 percentage points to 57.7%, the Hong Kong company said Thursday.
The 14% increase in the value of its new business was supported by double-digit growth in business in key markets, including mainland China, Hong Kong and Southeast Asia.
"The strong fundamental growth drivers of rising wealth, low insurance penetration levels and limited social welfare coverage continue to power the long-term exceptional prospects for AIA's business," AIA Group Chief Executive Lee Yuan Siong said.
The board has declared a 10% increase in the interim dividend to 49.00 Hong Kong cents per share ($0.06), reflecting AIA's strong financial position.
The insurer said it had returned $3.7 billion to shareholders in the first half through dividends and share buybacks.
Write to P.R. Venkat at venkat.pr@wsj.com
(END) Dow Jones Newswires
August 20, 2025 18:53 ET (22:53 GMT)
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