AIA’s new business value climbs in first quarter on strong Hong Kong, China demand
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AIA Group reported a 13% increase in first-quarter value of new business, reaching US$1.76 billion, driven by strong demand in Hong Kong and China. The Hong Kong segment saw a 21% rise, while China experienced a 26% increase in value of new business. AIA attributes this growth to favorable demographics and rising incomes in Asia, despite global market volatility. The company remains optimistic about future growth, as Hong Kong and China contribute significantly to its new business expansion.
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