HONG KONG -- AIA Group on Friday reported an 18% rise in the value of new business last year thanks to strong growth in the insurer's home Hong Kong market and mainland China, while executives voiced confidence that their operations and investments can weather the swelling geopolitical storm.
Insurance
Hong Kong insurer AIA 'positive on risk assets' despite market swings
New business value up 18% in 2024; $1.6bn share buyback plan announced
Skyscrapers in Hong Kong's central business district, including AIA Central at left: The insurer says demand is robust as Chinese investors seek to diversify their assets amid a slowing economy. © Reuters
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