AIA Group Limited has announced impressive financial results for the first half of 2025, ending 30 June, showcasing resilience amid challenging market conditions. AIA Singapore reported a 16% increase in Value of New Business (VONB), attributed to strong performances across all distribution channels. The Annualised New Premium (ANP) rose by 28% to $547m, although the VONB margin decreased by 4.9 percentage points to 47.4%, primarily due to robust sales of unit-linked long-term savings products in Q1 2025.
The Total Weighted Premium Income (TWPI) saw a 17% growth, reflecting the company’s strong business expansion. Operating Profit After Tax (OPAT) increased by 4%, despite lower investment income on surplus assets due to increased remittances for share buy-backs.
Wong Sze Keed, CEO of AIA Singapore, highlighted the company’s leadership in the affluent and high-net-worth segments, bolstered by the launch of AIA Platinum Wealth Venture 2.0 in April 2025. This investment-linked plan aims at wealth accumulation with extended entry age, higher bonuses, and expanded fund options.
AIA’s Group Chief Executive, Lee Yuan Siong, noted the company’s strategic priorities in leveraging opportunities in Asia’s life and health insurance market. The Premier Agency, a core distribution platform, achieved a 17% VONB growth, supported by increased agent productivity and technology investments.
The results underline AIA’s commitment to sustainable growth, with a 10% increase in interim dividends and a strong focus on expanding its healthcare ecosystem in Singapore. The company’s strategic partnership with Raffles Hospital aims to enhance healthcare accessibility and patient outcomes.
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