AIA Posts Record New Business Value, Raises Interim Dividend 10%
SingTao · 1 SOURCESabout 3 hours ago2 MIN
Summary
AIA Group Limited (stock code: 1299) announced its 2026 interim results, marking a period of exceptional performance across all major financial metrics. The insurance giant achieved a record new business value of $3.21 billion USD, representing a 10% increase year-on-year at fixed exchange rates, with all distribution channels and reporting segments except Thailand posting growth .
Key Points
- The company's after-tax operating profit rose 13% to $4.163 billion USD, supporting a 10% dividend increase to 53.90 HK cents per share
- Hong Kong business delivered NBV of $1.17 billion USD with margin expanding 6.2 percentage points to 72%, reflecting deepening relationships with over 3 million existing customers and contributions from new arrivals
- Mainland China operations posted 20% NBV growth to $937 million USD, fueled by a 30% increase in annualized new premiums and a 14% rise in active agents
- Thailand's NBV of $514 million USD declined 6% year-on-year but recovered in the second quarter with 13% growth, indicating improving market conditions
- The embedded value operating return reached a record 18%, up from 15.8% in the full year 2025, while embedded value equity stood at $83.4 billion USD
Why It Matters
The record performance demonstrates AIA's ability to sustain strong growth momentum, having achieved a compound annual growth rate of 17% in new business value since the first half of 2023 . The expansion in Hong Kong's NBV margin to 72% underscores the effectiveness of the company's strategy to deepen customer relationships and capture demand from new residents, trends that could further strengthen the city's insurance sector competitiveness regionally.
The record performance demonstrates AIA's ability to sustain strong growth momentum, having achieved a compound annual growth rate of 17% in new business value since the first half of 2023 . The expansion in Hong Kong's NBV margin to 72% underscores the effectiveness of the company's strategy to deepen customer relationships and capture demand from new residents, trends that could further strengthen the city's insurance sector competitiveness regionally.