AIA Group's first-half new business value rises 14%
20/08/2025 23:18
Aug 21 (Reuters) - AIA Group 1299.HK reported a 14% increase in its first-half value of new business (VONB) on Thursday, driven by strong demand for its insurance products in the key markets of China and Hong Kong. The Hong Kong-based insurer said VONB, a key barometer that gauges expected profit from new premiums, was $2.84 billion on a constant exchange rate basis for the six months ended June 30, compared with $2.46 billion a year ago. (Reporting by Himanshi Akhand in Bengaluru; Editing by Shreya Biswas) ((Himanshi.Akhand@thomsonreuters.com;))