AIA Group's first-half new business value rises 10%
AIA Group's first-half new business value rises 10% Aug 20 (Reuters) - Insurer AIA Group 1299.HK on Thursday posted a 10% jump in half-year value of new business (VONB), backed by growth across all distribution channels and segments, excluding Thailand.
AIA's VONB, a measure of expected profits from new premiums and a key barometer for future growth, came in at $3.21 billion on a constant exchange rate basis.
(Reporting by Sherin Sunny and Rajasik Mukherjee in Bengaluru; Editing by Diti Pujara)
((Rajasik.Mukherjee@thomsonreuters.com;
Sherin.Sunny@thomsonreuters.com;))