|Bid||68.050 x 0|
|Ask||68.100 x 0|
|Day's Range||65.550 - 68.200|
|52 Week Range||42.650 - 68.200|
|PE Ratio (TTM)||25.09|
|Forward Dividend & Yield||0.89 (1.48%)|
|1y Target Est||N/A|
Sep.26 -- Mark Konyn, chief investment officer at AIA Group, discusses President Trump's tax plan and the Fed's rate hike path. He speaks on "Bloomberg Markets: Asia."
Monday 21:00 GMT European equities fell for a fifth successive session, with the Stoxx 600 index touching its lowest level since late September, as trading updates from a variety of companies proved disappointing. ...
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 license in China. AIA said the value of new business, which measures expected profits from new premiums and is a key gauge for future growth, rose to $824 million in the quarter, just ahead of an average estimate of $813 million from three analysts polled by Thomson Reuters I/B/E/S.
Pan-Asian insurer AIA Group (1299.HK) is scheduled to release its third quarter new business highlights on 20 October. Daiwa analyst Leon Qi expects the value of new business (VNB) - an industry gauge of future profitability - to rise 21% year-on-year in the third quarter, with mainland China continuing to be the main growth driver. Qi expects 50% year-on-year VNB growth for AIA China bolstered by effective execution of its premier agency strategy, geographical expansion into tier-2/tier-3 cities, product upgrades and cost savings.
Announcement: Moody's comments on CBA's sale of its life insurance businesses. Global Credit Research- 21 Sep 2017. Sydney, September 21, 2017-- Moody's Investors Service says that Commonwealth Bank of ...
Rating Action: Moody's affirms senior debt ratings of AIA Group Limited at A2 with a stable outlook. Global Credit Research- 22 Sep 2017. Hong Kong, September 22, 2017-- Moody's Investors Service has affirmed ...
Commonwealth Bank of Australia is considering spinning off its global asset-management unit after announcing the sale of its life-insurance businesses to AIA Group.
Morgans has upgraded Commonwealth Bank of Australia (CBA.AU) after the lender agreed to sell its Australian and New Zealand life insurance units to Hong Kong-based insurer AIA Group (1299.HK) for AUD3.8 billion (USD3.04 billion). CBA said the sale price for CommInsure Life in Australia and Sovereign in New Zealand is 16.9 times 2017 pro forma earnings. AIA will become the largest life insurance company in Australia and New Zealand upon completion, which is expected in 2018.
AIA Group Ltd. agreed to buy Commonwealth Bank of Australia’s life insurance business for A$3.8 billion (more than $3 billion), in its most ambitious foray beyond the Hong Kong-based company’s core markets ...
Hong Kong-based insurance giant AIA Group Ltd has shown interest in buying Commonwealth Bank of Australia's insurance business, which is likely to be valued at about $4 billion, people with knowledge of the matter said. Separately, Zurich Insurance Group AG has emerged as the final bidder for Australia and New Zealand Banking Group's life insurance and wealth business, valued at about $3 billion, the people said.
Hong Kong-based insurance giant AIA Group Ltd has shown interest in buying Commonwealth Bank of Australia's insurance business, which is likely to be valued at about $4 billion, people with knowledge of the matter said. Separately, Zurich Insurance Group AG has emerged as the final bidder for Australia and New Zealand Banking Group's life insurance and wealth business, valued at $3 billion, the people said. While the official final deadline for offers for ANZ's insurance and wealth business was Friday, there was still a possibility of a few more bids coming in soon, one of the people told Reuters.
Telecoms group China Unicom is raising $11.7 billion from about a dozen investors including tech giants Alibaba Group and Tencent Holdings , as part of Beijing's push for state-owned enterprises to be revitalized with private capital. The Chinese government is seeking to rejuvenate state behemoths with private capital, with China Unicom among the first batch of state-owned enterprises slated for the mixed-ownership reforms, whose guidelines were issued in 2015.
AIA Group Ltd, the world's third-largest life insurer by market value, posted a 42 percent surge in new business for the first half of the year, helped by robust sales growth in its main markets, 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 $1.75 billion in the half-yearly period that ends in May, up from $1.26 billion a year ago, the company said. China and Hong Kong together account for about half of new business growth globally at AIA, founded in Shanghai nearly 100 years ago and the first foreign insurer to be granted a license in China.
AIA Group Ltd., the world’s second-biggest life insurer by market value, reported its fastest first-half new business value growth as a public company.