AIA Group Limited, a Hong Kong-based multinational insurance and finance corporation, announced a 25% growth in value of new business (VONB) on constant exchange rates (CER) for the third quarter ended 30 September.
AIA Group Chief Executive and President Lee Yuan Siong said: “AIA’s continued strong execution of our growth strategy has delivered another excellent quarter as we capture the unparalleled opportunities in life and health insurance markets across Asia. In the third quarter of 2025, we grew VONB by 25% compared with the same period last year and we achieved double-digit growth in 11 markets.
“Our unrivalled distribution platform is a key competitive advantage and both our Premier Agency and partnership distribution channels generated very strong growth during the quarter. I am confident that the continued compounding of high-quality new business will grow our in-force portfolio and drive higher earnings and cash generation for many years to come.
“We are delighted to welcome back Sir Mark Tucker to AIA as Independent Non-executive Chairman from 1 October 2025. With Sir Mark’s exceptional track record of strategic leadership, his deep understanding of Asia and strong global reputation, I am certain that we can build on the foundations of success that define AIA today and continue to deliver long-term sustainable value for all our stakeholders.”
AIA delivered growth in VONB of 25% to S$ 1,476 million in the third quarter of this year, with double-digit increases from 11 of its 18 markets. AIA’s key distribution channel: Premier Agency, achieved 19% growth and generated over 70% of the group’s VONB. Strong recruitment momentum continued, with 18% growth in new recruits, supporting a further increase in the number of active agents.
The fast-growing and complementary partnership distribution channel saw a 46% increase in VONB, driven by the performance from the independent financial adviser (IFA) and broker channel in Hong Kong, and its bancassurance businesses. AIA Hong Kong grew by 40% to a record high quarterly VONB, with growth from both domestic and Mainland Chinese visitor customer segments.