AIA Group announced that it has achieved "double-digit growth across our main financial metrics" in the first six months ended June 2019.
Taiwan's life insurance industry saw overall first-year premiums (FYP) increase by 6.4% year-on-year to NT$726bn ($23.58bn) in the first seven months of this year. This is according to Taipei Times citing figures from the territory's Life Insurance Association.
This insurance giant delivered Asia-led growth in the first half of 2019. It is also set to complete its demerger in the fourth quarter of 2019 and preparations are complete for its move to Group-wide supervision by the Hong Kong Insurance Authority.
Last week, China Life Insurance reported its net profits having risen 92.6% year-on-year during the first quarter of 2019, according to the state press agency Xinhua.
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