AIA Singapore raises operating after-tax gain by 7% to US$558m
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
AIA Singapore clocked a 7 per cent increase in full-year operating profit after tax to US$558 million from a year ago, despite pressure on profitability from double-digit medical inflation in the market, it said on Friday.
The results reflect an 18 per cent increase for 2018 in its value of new business (VONB) to US$357 million, with firmer sales driven mainly by the agency channel and its strategic partnership with Citibank.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
