VONB GROWTH OF 25 PER CENT ON CONSTANT EXCHANGE RATES
HONG KONG, 16 October 2015 – AIA Group Limited (stock code: 1299) today announces 25 per cent growth in value of new business (VONB) on constant exchange rates (CER) for the third quarter ended 31 August 2015.
Highlights of the third quarter on constant exchange rates:
- 25 per cent growth in VONB to US$552 million
- VONB margin up 8.4 percentage points (pps) to 57.6 per cent
- Annualised new premiums (ANP) of US$936 million, up 7 per cent
- Total weighted premium income (TWPI) of US$4,846 million, up 7 per cent