AIA VONB rises 10% in half-year on strong Hong Kong and China sales
AIA Group posted a 10% rise in half-year value of new business (VONB) to $3.21 billion, driven by strong sales growth in key markets including Hong Kong and China. The insurer declared an interim dividend of 53.90 HK cents per share, up 10%. Despite concerns that Chinese tax scrutiny could curb demand, AIA said mainland visitor demand for Hong Kong insurance remains strong.