HONG KONG, 9 November 2020 – AIA Group Limited (the “Company”; stock code: 1299) today announces key new business indicators for the third quarter ended 30 September 2020.
KEY FINANCIAL SUMMARY
Growth rates are shown on a quarter-on-quarter and constant exchange rate basis.
- Value of new business (VONB) of US$706 million, up 22 per cent
- Annualised new premiums (ANP) grew 21 per cent to US$1,359 million
- VONB margin of 51.6 per cent, consistent with the second quarter of 2020
- Total weighted premium income (TWPI) up 7 per cent from the third quarter of 2019
Table 1: Quarter-on-quarter Performance