AIA Group News

AIA Group’s New Business Growth Up 23%

AIA Group Ltd., the second-largest insurer by market value based in Asia, posted a higher-than- expected value of new business growth of 23 percent in the third quarter, aided by expansion in its largest markets. The measure of projected future …

Foreign Insurers Enter Myanmar Market with Hope, Caution

The world’s top insurance firms are setting their sights on Myanmar, steeling themselves for a fight with corruption and ghosts from the nation’s political past. Prudential Plc, AIA Group Ltd and Manulife Financial Corp. are among the global insurance giants …

Asia Insurer AIA Boosted by Surge in New Business

AIA Group Ltd, Asia’s No.3 insurer, reported a 40 percent rise in value of new business for its fiscal full year and growth in Thailand despite last year’s devastating floods, surprising analysts and sending its shares up more than 3 …

AIG In No Rush to Sell Key Assets: CEO Benmosche

American International Group Inc. may raise its stake in Asian insurer AIA Group someday and is open to offers for its airplane leasing business ILFC, but will bide its time on all these things, Chief Executive Bob Benmosche said on …

Korea Life Considers Bid for ING’s Asia Insurance Business

Korea Life Insurance Co. Ltd said on Thursday that it is reviewing the feasibility of bidding for ING Groep NV’s Asia-Pacific insurance operations. The potential $6 billion deal is also expected to attract the interest of major overseas and local …

AIA May Bid $6B for ING Asian Business

AIA Group Ltd, Asia’s No.3 insurer and about one-third owned by American International Group Inc., may bid for the $6 billion Asian insurance operations of ING Groep, sources said, with the prospective sale expected to draw heavy interest from rivals. …