AIA (01299.HK) announced that in the first quarter of 2024, the value of new business increased 31% year-on-year to US$1,327 billion on a fixed exchange rate basis, with double-digit growth in all reporting segments. Driven by an increase in the number of active agents and increased productivity, the new business value of the “best agents” increased by 20%. The value of the new business of partner distribution increased 70%, and banking insurance and retail independent financial advisory channels all performed strongly. The profit margin on new business value increased to 54.2%, and annualized new premiums increased 26% to $2,449 million. An additional $2 billion was added to the existing share repurchase program, bringing the total to $12 billion.
友邦保险(01299.HK)一季度新业务价值同比上升 31%至13.27亿美元 创季度新高
AIA Insurance (01299.HK)'s new business value in the first quarter rose 31% year-on-year to US$1,327 billion, a quarterly high of US$1,327 million
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