The Board of AIA Group released financial results for the six months ended 30 June 2021 with a 22% growth in value of new business (VONB) to US$1,814 million. Their Operating profit after tax (OPAT) increased by 5 per cent to US$3,182 million.
AIA’s Group Chief Executive and President, Lee Yuan Siong, said: AIA has delivered very strong VONB growth of 22% and an increase in all of our key financial metrics.”
“The Board has declared an 8.6 per cent increase in interim dividend to 38.00 Hong Kong cents per share. This follows AIA’s established prudent, sustainable, and progressive dividend policy, allowing for future growth opportunities and the financial flexibility of the Group.”
“Compared to the first half of 2020, our Premier Agency has increased both agent productivity and our number of active agents. We have delivered a 25 per cent increase in our registered Million Dollar Round Table (MDRT) members to more than 16,000. This is our seventh consecutive year of achieving the largest number of registered MDRT members globally.
AIA China remained the largest contributor to the Group’s VONB and delivered a very strong 20 per cent increase in VONB on a like-for-like basis.”
“Our business in Thailand achieved excellent VONB growth of 52 per cent compared to the first half of 2020, while AIA Singapore’s VONB was 32 per cent higher year-on-year despite a tightening of containment measures from May. AIA Malaysia delivered the highest VONB growth among our reportable segments of 89 per cent.”
“We have continued to make excellent progress with our strategic priorities as we embrace the transformation that will further extend our competitive advantages and enable AIA to capture the significant growth opportunities available to us across Asia.”
