Maintaining a Strong, Resilient Balance Sheet
Notes:
(2)
(3)
eso
(1)
EV Sensitivity to Interest Rates Remains Small
EV and VONB Sensitivities
10% Fall
(2.6)%
Equity Prices
on EV(1)
10% Rise
50 bps Decrease
Interest Rates
on EV(1)
50 bps Increase
(0.5)%
50 bps Decrease
(3.2)%
Interest Rates
on VONB(2)
50 bps Increase
Calculated based on EV as at 31 December 2021
Calculated based on 2021 VONB
Weighted average interest rates by VIF of Mainland China, Hong Kong, Thailand, Singapore and Malaysia
4.5%
+2.6%
4.0%
3.5%
+0.4%
3.0%
+2.2%
2.5%
AIA Long-term Assumptions vs Market Rates
Weighted Average by Geography (3)
AIA
2.0%
Nov-10
Nov-11
Nov-12
Nov-13
Nov-14
10 Year Market Forward
(10-year Govt Bond)
Nov-15
Nov-16
Nov-17
Dec-17
Dec-18
Dec-19
AIA Long-term Assumption
(10-year Govt Bond)
Apr-20
Dec-20
Dec-21
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