HONG KONG, 29 April 2022 – AIA Group Limited (the “Company”; stock code: 1299) announces new business indicators for the first quarter ended 31 March 2022.
Key financial summary
Growth rates are shown on a constant exchange rate basis.
- Value of new business (VONB) of US$853 million, down 18 per cent
- New business sales regaining momentum as Omicron infections subside
- Annualised new premiums (ANP) reduced by 7 per cent to US$1,567 million
- VONB margin down 7.6 pps to 54.4 per cent
- Total weighted premium income (TWPI) up 5 per cent to US$9,948 million