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AIA Group, Ltd. Sponsored American Depository Receipt (Hong Kong), also called AIA Group, is an investment holding company, which engages in the provision of life insurance. Read More It operates through the following geographical segments: Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, Cambodia, a 97 per cent subsidiary in Sri Lanka, a 49 per cent joint venture in India, and a representative office in Myanmar. The company was founded by Cornelius Vander Starr in 1919 and is headquartered in Hong Kong. AAGIY is listed on the Pink Current market tier. OTC market data is provided by OTC Markets Group, Inc (otcmarkets.com).
Hong Kong, Central & Western
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UPDATE 1-AIA Group posts 18 percent rise in first-quarter value of new business, boosted by China
(Adds details, CEO comment) May 10 (Reuters) - AIA Group Ltd, the world’s second-largest life insurer by market value, posted an 18 percent increase in new business value in the first quarter on Friday, supported by growth in China. AIA’s value of new business, which measures expected profits from new premiums and is a key gauge for future growth, rose to $1.17 billion for the three months ended March 31, up from $1.02 billion a year earlier. Ng Keng Hooi, AIA’s chief executive, said it was the company’s...
Nikkei Asian ReviewMay 9