AIA Life posts sterling H1, boost from new business (Update)


AIA Bhd chief executive officer Bill Lisle(pic) told StarBiz that the company was looking at another set of strong results for this year and expected continuous growth across all its distribution channels.

KUALA LUMPUR: AIA Bhd, one of the top three life insurers in Malaysia, posted a record performance in the first half of its financial year with a 30% year-on-year growth in the value of new business and 6% growth in annualised new premiums.

For the first half ended May 31, 2014, the insurer’s value of new business stood at RM231mil while annualised new premiums was RM531mil.

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