Re: AIA Group 1299
Posted: Thu Apr 27, 2017 9:06 am
not vested
AIA 1Q VONB on Constant Exchange Rates Hit New High, Up 55%
AIA (01299.HK) announced the results for the first quarter ended February 2017.
On constant exchange rates, value of new business (VONB) escalated 55% yearly to US$884 million, hitting a new high.
On actual exchange rates, VONB leaped 53%.
The company said that it reported strong double-digit growth across the significant majority of individual markets and its wholly-owned operation in China was the fastest growing business in the first quarter.
During the period, annualized new premiums (ANP) rose 62% yearly to US$1.779 billion.
VONB margin was 49.2%. Total weighted premium income increased 24% yearly to US$6.247 billion.
Source: AAStocks Financial News
AIA 1Q VONB on Constant Exchange Rates Hit New High, Up 55%
AIA (01299.HK) announced the results for the first quarter ended February 2017.
On constant exchange rates, value of new business (VONB) escalated 55% yearly to US$884 million, hitting a new high.
On actual exchange rates, VONB leaped 53%.
The company said that it reported strong double-digit growth across the significant majority of individual markets and its wholly-owned operation in China was the fastest growing business in the first quarter.
During the period, annualized new premiums (ANP) rose 62% yearly to US$1.779 billion.
VONB margin was 49.2%. Total weighted premium income increased 24% yearly to US$6.247 billion.
Source: AAStocks Financial News