AIA Financial Overview and ESG Commitment
AIA: Unique Advantage to Capture Full Growth Potential
Multiple Growth Engines
■
MAINLAND
CHINA
HONG
KONG
■
ASEAN
■
INDIA
Double-digit VONB growth pre-Omicron (1)
VONB growth YoY in Jan-Feb 23
Unique advantage to capture full growth potential
VONB growth in 2022, building momentum
#1 in Agency and gaining market share
Well-positioned for sustained MCV business
13% VONB growth in 2H22
#1 in ASEAN, major driver of 2H VONB growth
#1 Premier Agency, leading domestic partners
52% VONB growth in 2022
# 3 private life insurer, #1 retail protection
Fastest growing life insurer
Unmatched Financial Flexibility
STRONG, RESILIENT
BALANCE SHEET
$17.9b free surplus, up in 2022
283% Group LCSM cover ratio
GROWING
FREE SURPLUS
GENERATION
ATTRACTIVE NEW
BUSINESS RETURNS
CONSISTENT CASH
GENERATION
SUPERIOR
SHAREHOLDER
RETURNS
|:
$6.0b UFSG in 2022
AIA
$60.8b free surplus generation since IPO
>20% IRR on new business investment
■ 3-year payback period
|:
$4.3b capital flows to Group in 2022
$10.7b Holding Co. financial resources
Total DPS up 5.3% to 153.68 HK cents
$10.0b share buy-back programme
Note:
(1)
Jul to Nov 2022 YoY VONB growth
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