|Bid||64.000 x 0|
|Ask||64.100 x 0|
|Day's Range||63.300 - 64.300|
|52 Week Range||58.200 - 75.000|
|Beta (3Y Monthly)||0.97|
|PE Ratio (TTM)||16.08|
|Earnings Date||Jul 26, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||1.04 (1.65%)|
|1y Target Est||78.23|
Nov 9 (Reuters) - AIA Group Ltd: * 12 PER CENT INCREASE IN ANNUALISED NEW PREMIUMS (ANP) TO US$1,582 MILLION FOR QUARTER * 17 PER CENT GROWTH IN VONB TO US$979 MILLION FOR QUARTER * VONB MARGIN UP 2.6 ...
AIA Group Ltd, the world's second-largest life insurer by market value, posted a 17 percent rise in new business value in its fiscal third quarter, as it boosted sales in its main markets of China and Hong Kong. China and Hong Kong together account for about half of new business growth globally at AIA, originally founded in Shanghai nearly 100 years ago and the first foreign insurer to be granted a licence in China. AIA's value of new business, which measures expected profits from new premiums and is a key gauge for future growth, rose to $979 million in the quarter, up from $846 million a year ago, the company said in a statement to the Hong Kong stock exchange.
If you want to know who really controls AIA Group Limited (HKG:1299), then you’ll have to look at the makeup of its share registry. Institutions often own shares in more Read More...
Mark Konyn, chief investment officer at AIA Group, discusses Japan's Tankan survey and what it means for the economy. He speaks on "Bloomberg Markets: China Open." (Source: Bloomberg)
At least five insurers, including Britain's Prudential and Canada's Sun Life , have bid for Commonwealth Bank of Australia's (CBA) majority stake in an Indonesian insurance venture, people with knowledge of the process said. The stake sale, which could value the venture at between $250 million and $300 million, has also received second-round bids from insurer FWD Group, Singapore-listed Great Eastern Holdings, and Indonesia's Sequis Life, three people said.
An inquiry into Australia's financial sector heard on Monday examples of possible misconduct by insurance companies, including spying on policyholders, overcharging customers and misleading sales calls. ...
Investors who want to cash in on AIA Group Limited’s (HKG:1299) upcoming dividend of US$0.29 per share have only 4 days left to buy the shares before its ex-dividend date,Read More...
Investing.com - Hong Kong-listed life insurer AIA Group Ltd (HK:1299) said its net profit slumped 50% year-on-year to $1.7 billion for the first half of 2018 despite a growth in new business, according to the company’s earnings report released on Friday.
Examining how AIA Group Limited (HKG:1299) is performing as a company requires looking at more than just a years’ earnings. Below, I will run you through a simple sense checkRead More...
Aug 24 (Reuters) - AIA Group Ltd: * HY IFRS OPERATING PROFIT AFTER TAX UP BY 14 PER CENT TO US$2,653 MILLION * HY VONB TO US$1,954 MILLION, UP 17 PER CENT * ANNUALISED NEW PREMIUMS (ANP) INCREASED BY 9 ...
Asia-focussed insurer AIA Group Ltd on Friday posted a 17 percent rise in new business value for the first half of the year, as it sold more high-margin insurance products in its main markets of Hong Kong and China. AIA's value of new business, which measures expected profits from new premiums and is a key gauge for future growth, surged to $1.95 billion in the half-year period ended in June, rising from $1.61 billion a year earlier, the company said. The insurance firm, whose business was first established in Shanghai nearly a century ago, now has a presence in 18 markets in Asia Pacific.
May Zhang, a 28-year-old from the southern Chinese city of Shenzhen, holds a master's degree in engineering from the University of Oxford, but now makes her living selling insurance in Hong Kong. Drawn by lucrative pay, Zhang is part of a growing band of well-educated young Chinese selling insurance in the city to buyers from mainland China who are seeking refuge from a falling yuan and are rattled by healthcare safety fears at home. "Every time the yuan depreciates or when things like the vaccine scandal happens, I get more people panicking and asking about Hong Kong insurance," said Zhang, referring to recent cases in which Chinese companies falsified data and sold ineffective vaccines.
* China Tower secures $1.4 bln from 10 cornerstone investors * Hillhouse, Och-Ziff and Alibaba unit among cornerstones * Company sets price range of HK$1.26-HK$1.58/share * Tower IPO would be the world's ...
U.K. Brexit Secretary David Davis and his deputy Steve Baker quit the government on Sunday. Mark Konyn, group chief investment officer at Hong Kong-based insurer AIA Group Ltd., who also discusses the ...
Mark Konyn, chief investment officer at AIA Group, discusses market reaction to the Trump-Kim summit and where he's seeing opportunity. He speaks on "Bloomberg Markets: Asia." (Source: Bloomberg)...
Commonwealth Bank of Australia (CBA) is selling its 37.5 percent stake in a Chinese life insurer to Japan's Mitsui Sumitomo Insurance Co for 3.2 billion yuan ($502.67 million), in a bid to simplify its portfolio and focus on its core banking business. CBA said on Wednesday it will record an after-tax gain of about A$450 million ($341.01 million) on the sale of the stake in BoComm Life Insurance, which it jointly owns with China's Bank of Communications Co Ltd. Mitsui Sumitomo is a unit of Japan's MS&AD Insurance Group Holdings Inc.
May 23 (Reuters) - Commonwealth Bank Of Australia: * SELLS 37.5% EQUITY INTEREST IN BOCOMM LIFE INSURANCE CO TO MITSUI SUMITOMO INSURANCE CO FOR RMB3.2 BILLION * DEAL EXPECTED TO RESULT IN AN INDICATIVE ...
SINGAPORE, May 16, 2018 /PRNewswire/ -- AIA Singapore and Medix today announced that they have entered into an exclusive partnership to provide Personal Medical Case Management Services (PMCM) to customers. This adds to AIA Singapore's comprehensive healthcare proposition, which is focused on providing quality healthcare and the best customer experience, enabling customers to receive the best possible treatment and personalised ongoing support throughout their medical journey when they face serious medical conditions.
China Tower, the world's biggest operator of mobile phone towers, has applied to list its shares in Hong Kong in what could become the city's second $10 billion offering this year. The company, formed in 2014 from the towers operations of China's three state-backed telecoms providers, filed its application for an initial public offering (IPO) on Monday.
Chinese online healthcare solutions platform WeDoctor, which is backed by tech giant Tencent Holdings Ltd, said on Wednesday it had raised $500 million from several investors, valuing the firm at $5.5 billion ahead of a listing this year. The investment round was led by AIA Company Ltd, part of Hong Kong-listed insurer AIA Group Ltd, and infrastructure and services group NWS Holdings Ltd. WeDoctor is among a spate of technology-driven firms looking to shake up China's overburdened public healthcare market, with increasingly affluent consumers willing to pay for ways to get more convenient access to doctors and health services.