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AIA Singapore posts 22% rise in new premiums in 2014

Published Thu, Feb 26, 2015 · 09:50 PM
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Singapore

AIA Singapore, a subsidiary of Asia's third-largest life insurer group by market value, posted a strong set of full-year financial results.

The insurer on Thursday said it recorded a 22 per cent rise in annualised new premiums - a measure of new policy sales - in 2014 to US$489 million, led by the increased uptake of protection, long-term savings and legacy plans.

Lower sales of the HealthShield plan were offset by strong growth in unit-linked and parti…

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