AIA profit rises 12% in first half on mainland visitors’ buying spree
The insurer’s value of new business, a key indicator of sales and future growth, rises 14 per cent to beat market estimates
For the first six months of the year, operating profit on a constant currency basis reached US$3.61 billion, with earnings per share reaching 33.94 US cents, according to a stock exchange filing on Thursday. The results align with market estimates.
The value of new business (VONB), a key indicator of sales and future growth, rose 14 per cent to US$2.84 billion, exceeding market expectations of a 13 per cent increase to US$2.78 billion. Out of the 18 markets in which AIA operates, 13 reported positive growth in new business.
“AIA has delivered an excellent operating and financial performance in the first half of 2025, demonstrating that we have the right strategic priorities to leverage the unparalleled opportunities for life and health insurance in Asia,” said CEO and president Lee Yuan-siong.
“Asia is the most attractive region in the world for life and health insurance,” Lee added. “The strong fundamental growth drivers of rising wealth, low insurance penetration levels and limited social welfare coverage continue to power the long-term exceptional prospects of AIA’s business.”
On a call with analysts on Thursday, Lee said he expected incoming chairman Mark Tucker to focus on governance, strategy and leadership when he returns to AIA in October. He added that he would leave it to Tucker to elaborate further then.