AIA Financial Overview and ESG Commitment
Asia is the Most Attractive Region for Life and Health Insurance
Unparalleled Opportunities
Growing Population
+30 million p.a.
Asia adds to its population
from 2020 to 2030E
Increasing Wealth
50%
of global GDP growth over
2020 to 2030E will come
from Asia ex-Japan
Material and Fast-Growing Health Market
High Disease Burden
>60%
of the global disease burden caused
by major chronic respiratory
diseases occurs in Asia
Greater Focus on Health
64%
AIA
of Asian consumers are more
concerned about personal health
and protection post COVID-19
Rising Middle Class (1)
2.6 billion
Ageing Society
850 million
above 60 years of age
>$4 trillion
annual healthcare expenditure
across AIA's markets in 2030E
34%
of total healthcare expenditure is
out-of-pocket
1.5
2020
+1.1b
2.6
2030E
Notes: Sources: IHS, McKinsey, Swiss Re, WHO, AIA estimates
(1)
$22,000 net income or higher, on purchasing power parity (PPP) basis
510
+340m 850
1.4
>10%
p.a.
4.2
15%
11%
34%
2015
2030E
2020
2030E
US
EU
Asia
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