Summary by Moomoo AI
AIA Insurance announced its half-year financial performance as of June 30, 2024, showing the company's highest half-year performance in history. New Business Value increased by 25% to reach 2.455 billion US dollars; Annualized new premiums increased by 17% to reach 4.546 billion US dollars; New business margin improved by 3.3 percentage points to 53.9%. Operating profit with embedded value reached 5.35 billion US dollars, with a growth of 29% per share; Operating return on embedded value increased from 12.9% last year to 16.5%; Shareholders' equity with embedded value reached 70.856 billion US dollars after capital return, with a growth of 5% per share. According to International Financial Reporting Standards, after-tax operating profit was 3.386 billion US dollars, with a growth of 10% per share; Operating return on shareholders' equity increased from 13.5% last...Show More