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Formerly part of the American International Group (AIG), which required a US government bailout at the height of the global financial crisis in 2008, Hong Kong-based American International Assurance (AIA) separated from the group in 2009. A plan for UK-based Prudential to buy AIA for US$35.5 billion fell through, and AIA held an initial public offering in Hong Kong in 2010, raising US$20.5 billion.
- New business rose to US$2.27 billion in the first half, lifted by sales in its main markets of mainland China and Hong Kong
- New business conducted in Hong Kong rose 19 per cent, while sales of new policies jumped 34 per cent in mainland China
Teardown works are set to get underway this month at AIA’s Stubbs Road headquarters
Teardown works are set to get underway this month at AIA’s Stubbs Road headquarters
AIA Group, the largest listed life insurance company in Asia-Pacific, on Friday reported a worse-than-expected 60 per cent decline in net profit for 2018, on the back of losses in value of stock and property investments.
AIA Group, the largest listed life insurance company in Asia-Pacific, on Friday reported a worse-than-expected 60 per cent decline in net profit for 2018, on the back of losses in value of stock and property investments.
Eleven insurers told the Post that they have been approved to start selling plans in the government’s Voluntary Health Insurance Scheme.
Eleven insurers told the Post that they have been approved to start selling plans in the government’s Voluntary Health Insurance Scheme.
The man who won 115 England football caps, has 54 million Facebook likes, and who’s family fortune is now worth a cool US$400 million, has a remarkably simple formula for happiness
The man who won 115 England football caps, has 54 million Facebook likes, and who’s family fortune is now worth a cool US$400 million, has a remarkably simple formula for happiness
From a humble upbringing in Guandong, to the peak of the Hong Kong life insurance community, Alwin Lam shares his thinking on what has made the sector a vital ingredient in Hong Kong’s financial scene
From a humble upbringing in Guandong, to the peak of the Hong Kong life insurance community, Alwin Lam shares his thinking on what has made the sector a vital ingredient in Hong Kong’s financial scene
Net profit was down more than 50 per cent year on year to US$1.66 billion – a bigger drop than expected by Bloomberg analysts
Net profit was down more than 50 per cent year on year to US$1.66 billion – a bigger drop than expected by Bloomberg analysts
Pan-Asian life insurer ready to expand in China as soon as government liberalises sector
Pan-Asian life insurer ready to expand in China as soon as government liberalises sector
The AIA Great European Carnival, Hong Kong's biggest annual winter funfair, is set to return to the Central waterfront from December 17 to February 21.
The AIA Great European Carnival, Hong Kong's biggest annual winter funfair, is set to return to the Central waterfront from December 17 to February 21.
AIA Group, the largest insurer in Hong Kong, and business incubator Nest teamed up last month to launch an ambitious accelerator programme dedicated to entrepreneurs and start-ups focused on health-care-related wearable technology.
AIA Group, the largest insurer in Hong Kong, and business incubator Nest teamed up last month to launch an ambitious accelerator programme dedicated to entrepreneurs and start-ups focused on health-care-related wearable technology.
AIA, the second-largest Asia-based insurer by market value, saw its shares rise to a record in Hong Kong yesterday after its value of new business climbed a stronger-than-expected 26 per cent in the third quarter.
AIA, the second-largest Asia-based insurer by market value, saw its shares rise to a record in Hong Kong yesterday after its value of new business climbed a stronger-than-expected 26 per cent in the third quarter.