AIA Life Reports Strong 2024 Performance in China
Singapore, March 21, 2025 – AIA Group Limited has announced its full-year 2024 results, revealing robust performance by its subsidiary in mainland China, AIA Life Insurance (AIA Life). The company achieved a 20% increase in new business value and a 10% growth in annualized new premiums.
The financial figures highlight the ongoing strength and expansion of AIA Life within the Chinese market. Further details about the results are available in eChina’s subscriber-only newsletter. Click here to subscribe.
Key Financial Highlights:
- New Business Value: Up by 20%
- Annualized New Premiums: Increased by 10%
This positive performance mirrors the expansion of the insurance industry in China, with health insurance premiums within the country reaching $134 billion in 2024, representing a year-on-year increase of 8.2%.
