HONG KONG (Yosefardi) – AIA Group Limited recorded value of new business (VONB) of US$379 million for the third quarter ended 31 August 2013, a 26% growth compared with the third quarter of 2012.
Each of AIA’s geographic market segments delivered double-digit growth in VONB over the quarter building on the very strong performance in the first half of the year.
Highlights of the quarter include the ongoing positive momentum achieved by AIA in Hong Kong and China, the excellent growth from AIA’s Philippine and Indonesian businesses and sustained improvements in our Korean operation.
AIA delivered a strong increase of 21% in ANP (annualised new premium) to US$839 million in the third quarter. Total weighted premium income (TWPI) grew by 14% to US$4,409 million.