FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

AIA Group net profit up 34% to US$ 2 bn in first half  Vote_lcap68%AIA Group net profit up 34% to US$ 2 bn in first half  Vote_rcap 68% [ 178 ]
AIA Group net profit up 34% to US$ 2 bn in first half  Vote_lcap18%AIA Group net profit up 34% to US$ 2 bn in first half  Vote_rcap 18% [ 47 ]
AIA Group net profit up 34% to US$ 2 bn in first half  Vote_lcap13%AIA Group net profit up 34% to US$ 2 bn in first half  Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » AIA Group net profit up 34% to US$ 2 bn in first half

AIA Group net profit up 34% to US$ 2 bn in first half

Go down  Message [Page 1 of 1]

Melissa Pereira


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Life insurance inflows continue to grow at healthy rates with pan-Asian life insurer AIA Group reporting strong interim results for the half-year ending 31 May.  AIA Group, which is listed in Hong Kong and operates locally as AIA Australia, has reported a 26 percent increase in the value of new business to US$701 million and a 29 percent increase in annualised new premiums to US$1.661 billion.  


AIA Australia chief executive Peter Crewe said the results stem from the company building partnerships with advisers, intermediaries and trustees.   


“We have moved beyond a transactional relationship with partners and customers to become an important part of their protection strategy,” he said.   AIA Group also reported that its net profit had increased by 34 percent to US$2.104 billion, with the Australian operations taking nearly a quarter share of the local group-risk market in the first quarter of this year.  


AIA Group has reported strong growth in Indonesia, the Philippines and Australia. Figures released from Plan For Life for 2012 show that AIA Australia, the group’s Australian arm, had a 24.2 percent market share and an increase in yearly risk inflows of 13.7 percent or US$ 947.3 million.  Inflows into risk insurance products have been strong across 2012 and into 2013, according to Plan for Life statistics.


 Inflows into individual risk lump sum and income products and group risk products increased by about 10 percent from US$10.6 billion to $11.7 billion for the year ending March 2013. (Courtesy Money Management).
Courtesy: Daily Mirror 29 July 2015

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum