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AIA Group Ltd (1299.HK)

1299.HK on Hong Kong Stock

61.95HKD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

AIA announces 20 percent growth in VONB for Q3
Friday, 20 Oct 2017 

Oct 20 (Reuters) - AIA Group Ltd <1299.HK>:20 percent growth in VONB to $824 million for qtr‍​.annualised new premiums up 3 percent to $1.37 billion for qtr‍​.8.4 pps increase in vonb margin to 59.1% in the quarter‍​.  Full Article

Bangkok Bank Pcl says co and AIA Co Ltd entered into bancassurance agreement‍​
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Bangkok Bank Pcl ::The bank and AIA Co Ltd entered into bancassurance agreement‍​.Co will continue to support distribution of life insurance products including products of Bangkok Life Assurance Public Co ‍​.Under deal bank & AIA to form collaboration in bancassurance business;co to offer range of AIA life insurance products to co's customers.  Full Article

AIA Group reports 27 pct growth in VONB in third quarter
Friday, 14 Oct 2016 

AIA Group Ltd <1299.HK> : 27 per cent growth in VONB to US$689 million in Q3 . VONB margin of 50.7 per cent in Q3 . Q3 annualised new premiums (ANP) US$1.33 billion versus US$936 million . Life insurance markets in Asia will continue to benefit from significant structural economic and demographic trends ."Remain confident in prospects for AIA".  Full Article

AIA Group posts HY value of new business of $1.26 bln<1299.HK>
Thursday, 28 Jul 2016 

AIA Group Ltd <1299.HK>: Interim results for the six months ended 31 May 2016 . HY value of new business (VONB) $1.26 billion versus $959 million a year ago . 17 per cent increase in interim dividend to 21.90 Hong Kong cents per share . HY free surplus up 10 per cent in the first half to US$8.2 billion . "Outlook for the global economy remains increasingly unpredictable" . HY 31 per cent increase in annualised new premiums (ANP) to US$2.36 billion . HY IFRS operating profit after tax (OPAT) up 14 per cent to US$1.96 billion . HY VONB margin up 2.4 pps to 52.7 per cent ."Remain confident in the prospects for the group".  Full Article

Fitch Upgrades AIA Group's IDR to 'AA-', Outlook Stable

(The following statement was released by the rating agency) HONG KONG, November 23 (Fitch) Fitch Ratings has upgraded AIA Group Limited's (AIA) Long-Term Issuer Default Rating (IDR) to 'AA-' from 'A+' and affirmed the Insurer Financial Strength Ratings of AIA Company Limited and AIA International Limited at 'AA'. The Outlook is Stable. The upgrade of AIA's IDR follows ongoing discussions with management, and Fitch's expectation that the group will maintain low financial leverage and very strong