(3)   VONB is calculated based on assumptions applicable at the point of sale. 2017. Interim Reports September 2019 ... Interim Reports December 2017. subsidiary in Sri Lanka, and a 49 per cent joint venture in India. Bringing you delicious recipes and inspiration to eat well for a healthier, longer, better life. Email: nikhil.advani@aia.com. ANNUAL REPORT 2019 | 003 CONTENTS OVERVIEW 004 Financial Highlights 006 Chairman’s Statement 009 Group Chief Executive and President’s Report AIA Sri Lanka Annual Report. For a century, AIA has served the ever-changing needs of millions of people across the Asia-Pacific region. Our thoughts are with the families and communities who have been affected by this public health emergency. The further growth in the membership of our wellness programmes to 1.7 million reflects our commitment to helping millions of people live Healthier, Longer, Better Lives. Value of new business increased by 20 per cent to a record half-year result of US$2,275 million for the Group. Browse recent AIA press releases in our archive. Long-term economic assumptions remain unchanged from those shown in our Annual Report 2018, following the same approach that we have applied consistently for quarterly new business highlights. and View More > Interim Accounts. Telephone: +94(0) 11 231 0240. PDF; Upgrade your company profile to unlock all of your annual report content on AnnualReports.com. (4) VONB includes pension business. View More > Annual Report 2011. Cision Distribution 888-776-0942 View. View. AIA Sri Lanka Annual Report. AIA Singapore has been supporting the social and economic development in Singapore for close to 90 years with our unwavering commitment to help our customers live healthier, longer, better lives. About AIA. ... as previously disclosed in our Annual Report 2018. The business that is now AIA was first established in Shanghai a century ago in 1919. HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://photos.prnasia.com/prnk/20200312/2747842-1, 6 per cent growth in value of new business (VONB) to, Annualised new premiums (ANP) up 2 per cent to, VONB margin increased by 3.0 pps to 62.9 per cent, Operating profit after tax (OPAT) up by 9 per cent to, Embedded value (EV) operating profit increased by 6 per cent to, Operating return on EV (operating ROEV) at 15.9 per cent, Solvency ratio for AIA Company Limited (AIA Co.) remained strong at 362 per cent on the HKIO basis, after the effect of the acquisition of The Colonial Mutual Life Assurance Society Limited (CMLA) in, 10 per cent growth in final dividend to 93.30. HWS is a comprehensive survey of the health and well-being of employees around Asia-Pacific. Our various sponsorships allow us to engage with multiple audiences in exciting and unique ways. Bill's end-of-year review. For a century, AIA has served the ever-changing needs of millions of people across the Asia-Pacific region. CONTENTS 2 CORPORATE PROFILE 3 GROUP STRUCTURE 4 OUR BUSINESS ... Zealand and Sri Lanka. (4)   VONB includes pension business. I am also pleased that OPAT from Mainland China exceeded US$1 billion for the first time, illustrating the attractive financial dynamics of our business. The latest updates and information about AIA Group Limited for shareholders, potential investors and financial analysts. The results of Tata AIA Life are accounted for the twelve-month period ended 30 September 2019 and the twelve-month period ended 30 September 2018 in AIA’s consolidated results for the year ended 31 December 2019 and the twelve months ended 31 December 2018 respectively. Janashakthi wins a Silver award at the SLITAD People Development Awards organised by the Sri Lanka Institute of Training & Development. (6)   Total dividend of HK$1.14 per share for the twelve months ended 31 December 2018 does not include the special dividend for the additional month in the accounting period due to the change in financial year-end date. 2019 Report View CEO' video on the 2019 Annual Report » Download the report in PDF » ... a 97 per cent subsidiary in Sri Lanka, and a 49 per cent joint venture in India. AIA Insurance Lanka PLC (AIA Sri Lanka) posted an 11% growth in Life insurance Gross Written Premiums in 2018, amounting to Rs. (3)   VONB is calculated based on assumptions applicable at the point of sale.In 2019, ANP and VONB for Other Markets include 49 per cent of the results from our joint venture in India, Tata AIA Life Insurance Company Limited (Tata AIA Life), to reflect our shareholding. Full details of our results announcements and business presentations. This website uses cookies for the purpose of enhancing your user experience. ... Vietnam, Brunei, Macau SAR, New Zealand, a 99 per cent subsidiary in Sri Lanka, and a 49 per cent joint venture in India. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code "1299" with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: "AAGIY"). "The Board has recommended a 10 per cent increase in final dividend for 2019 to 93.30 Hong Kong cents per share, following AIA's established prudent, sustainable and progressive dividend policy allowing for future growth opportunities and the financial flexibility of the Group within the context of the immediate macroeconomic and capital markets environment. 2019 Annual Report. and Annual Report 2018. Some of our markets are facing near-term headwinds from the lower interest rate environment and the past two months have seen COVID-19 emerge as a new global risk. Following the announcement late last year of the further opening of Mainland China to foreign life insurers, we submitted an application for regulatory approval to convert our Shanghai branch into a subsidiary. Find out how we are helping shape the future of insurance. This survey was conducted by RAND Europe, a Find out more. This website uses cookies for the purpose of enhancing your user experience. ANNUAL REPORT 2019 – LEADING WITH PURPOSE . AIA Sri Lanka Annual Report. 6 per cent growth in value of new business (VONB) to US$4,154 million; 16 per cent growth in VONB excluding Hong Kong You can find more information on the types of cookies we collect, what we use these for, and how to manage your cookie settings in our It’s a simple but important fact: employee health is key to business success. Our partnership distribution business reported slightly lower VONB as strong VONB growth in the bancassurance channel was offset by a significant decline from the retail IFA channel in Hong Kong in the second half. Explore the diverse career options with us. We have seen a significant disruption in the Group's new business sales in the first quarter from reduced face-to-face interactions and have taken a number of proactive measures including a rapid acceleration of digital platforms to further support agency recruitment, training and sales activities. HONG KONG, March 11, 2020 /PRNewswire/ -- AIA Group Limited (the "Company"; stock code: 1299) today announces financial results for the year ended 31 December 2019. For clarity, TWPI does not include any contribution from Tata AIA Life. "VONB growth in Thailand and Malaysia was supported by our Premier Agency strategy and bancassurance partnerships. Annual Report 2014. Value Of New Business Up 6 Per Cent; Up 16 Per Cent Excluding Hong Kong Operating Profit Up 9 Per Cent; Final Dividend Up 10 Per Cent. (4) VONB includes pension business. (8)   The results of Tata AIA Life are accounted for the twelve-month period ended 30 September 2019 and the twelve-month period ended 30 September 2018 in AIA's consolidated results for the year ended 31 December 2019 and the twelve months ended 31 December 2018 respectively.The IFRS results of Tata AIA Life are accounted for using the equity method. Annual Report 2019. The focus of our CSR programme is Healthy Living – helping people to live healthier, longer, better lives. Annual Report 2019 We have made good progress in the year and we are on track to deliver our objectives. Is an important year for ICC Sri Lanka, and a 49 per cent subsidiary in Lanka! To offer the best advice and support to our global Medium Term Note programme in Hong Kong refers. 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