HONG KONG, 24 April 2015 – AIA Group Limited (stock code: 1299) today announces an excellent start to 2015 with 20 per cent growth in value of new business (VONB) for the first quarter ended 28 February 2015.
Highlights of the first quarter:
20 per cent increase in VONB to US$425 million (24 per cent on constant exchange rates (CER))
VONB margin up 3.0 percentage points (pps) to 46.8 per cent
Annualised new premium (ANP) of US$895 million, up 12 per cent (15 per cent on CER)
Total weighted premium income (TWPI) of US$4,775 million, up 8 per cent (11 per cent on CER)