HONG KONG — AIA Group on Friday reported an 18% rise in the value of new business last year thanks to strong growth in the insurer’s home Hong Kong market and mainland China, while executives voiced confidence that their operations and investments can weather the swelling geopolitical storm.
The value of new business, a metric for future profits from new premiums, rose to a record high of $4.71 billion on a constant currency basis, versus $4.03 billion a year earlier, according to the company’s statement.
