AIA Insurance (01299) released interim results, the value of the new business reached a record high of US$3.2 billion, and all major financial indicators achieved double-digit growth
According to Zhitong Finance App News, AIA (01299) released interim results for the six months ended June 30, 2026. The growth rates were all shown on a fixed exchange rate basis. The value of the new business was US$3.112 billion, an overall increase of 10%; the annualized connotative value operating return reached a record high of 18.0%; the operating profit after tax was US$4.163 billion, up 13% per share; the operating profit generated by annualized shareholder distribution reached a record high of 17.5%; generated basic free surplus of US$3,935 million, up 10% per share; operating profit after basic tax per share 39.95 US cents; proposed to pay an interim dividend of HK53.90 cents per share.
Li Yuanxiang, CEO and CEO of AIA Group, said, “AIA achieved another excellent result in the first half of 2026. The main financial indicators all achieved double-digit growth, while continuing to return impressive capital returns to shareholders. The value of the new business reached a record high of $3.2 billion, and growth was achieved across all distribution channels and all reporting segments excluding the Thai business. The Group has achieved a compound annual growth rate of 17% since the first half of 2023, reflecting continued strong market demand for AIA's professional advice and unique products.”
“Our market-leading 'best agent' is at the heart of our unrivaled distribution platform. I am very happy that AIA is once again ranked the number one multinational company in the number of members in the Global Million Roundtable. We've been at the top of the list for 12 years in a row, and our membership numbers are more than double that of our second-place competitor. Excluding the Thai business, our “Best Agent” new business value grew strongly by 11% in the first half of 2026. Supported by the strong performance of banking and insurance channels, as well as independent financial advisors and brokerage channels, AIA's huge strategic partner distribution network further expanded our market coverage and achieved an 18% increase in new business value.”
“Strong new business performance, as well as our strict management of active insurance policy portfolios, supported continued growth in recurring profit, with operating profit per share after tax rising 13% in the first half of the year. As a result, we expect to exceed our target of 9% to 11% compound annual growth rate of profit after tax per share from 2023 to 2026. The basic free surplus generated is a core measure of the Group's operating cash flow, which rose 10% per share. After deducting investments in new businesses, the net free surplus generated rose 12% per share. In line with our prudent, sustainable and progressive dividend policy, the Board announced an additional interim dividend of 10% to HK$53.90 cents per share. These achievements reflect that our financial strategy is working as expected.”
“Asia continues to provide the most attractive growth opportunities for life and health insurance. Strong structural advantages in the region continue to create huge demand for our professional advice and unique products, and lay a solid foundation for the extraordinary long-term development prospects of AIA's business. I am convinced that AIA will continue to create long-term, sustainable value for all of our stakeholders by implementing strategic priorities in a rigorous and orderly manner.”