SUBSCRIBERS

AIA Singapore's H1 operating net profit up 8% at US$211m

Angela Tan

Angela Tan

Published Thu, Jul 28, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

AIA Singapore reported on Thursday that its operating net profit for the six months ended May 31, 2016, rose 8 per cent to US$211 million from US$201 million a year ago.

The value of new business (VONB) generated grew 10 per cent to US$152 million from US$142 million due to strong performances from its agency and bancassurance distribution channels.

Copyright SPH Media. All rights reserved.