AIA Financial Overview and ESG Commitment
Capturing Full Growth Potential of Chinese Life Insurance Market
Structural Growth Drivers
1.4 billion
Total Population
AIA Group's Unique Growth Advantage in Mainland China
Full exposure to the large and highly attractive life and health insurance market
Complementary strategy across distribution channels and customer segments
☐
Targeting fast-growing middle class and affluent market segment
AIA
>900 million
Middle Class and
Affluent Population
by 2030E
~2.4%
Life Insurance
Penetration
AIP
AIA China:
100%
Ownership
>$160 billion
Potential additional annual life insurance
premium required to close the mortality
protection gap in Mainland China
>$2.8 trillion
Annual Healthcare
Expenditure Forecast 2030E
中邮保险
CHINA POST INSURANCE
China Post Life:
24.99% Equity
Strategic
Investment
☐
5x increase of target market potential through geographical expansion
■
High-quality and differentiated Premier Agency strategy
☐
Value-focused bancassurance model
Comprehensive needs-based protection and long-term savings propositions
☐
Targeting underpenetrated mass market segment
Unmatched scale and reach leveraging PSBC's distribution network
Access to ~40,000 retail financial outlets and more than 600m retail customers
☐
Strategic shift to longer-term savings and protection products
☐
Value creation via dedicated joint Technical Assistance Advisory team
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