AIA Group, the biggest insurer in Asia-Pacific, said earnings rose to an all-time high last year as demand for higher investment returns from mainland Chinese visitors fuelled record sales in Hong Kong.
Net profit surged 82 per cent from a year earlier to US$6.84 billion, or 62 US cents per share, the company said in a Hong Kong stock exchange filing on Friday, the highest since its listing in the city in 2010. The performance topped market consensus of US$6.345 billion by analysts compiled by Bloomberg.
