In the context of our reportable market segments, Hong Kong refers to operations in Hong Kong Special Administrative Region and Macau Special Administrative Region; Singapore refers to operations in Singapore and Brunei; and Other Markets refers to operations in Australia (including New Zealand), Cambodia, India, Indonesia, Myanmar, the Philippines, South Korea, Sri Lanka, Taiwan (China) and Vietnam. In 2019, the insurance industry displayed an overall growth of 8.64% in nominal terms compared to Privacy Statement Monday - Friday: 8:45 a.m. – 7 p.m.; ... 01 November 2019 AIA Reports New Business Results for the Third Quarter of 2019. We continued to enhance our customer offering with market leading and needs based new pension and health solutions with the introduction of SmartPension and HealthProtector. The Group also provides employee benefits, credit life and pension services to corporate clients. We also launched a top-tiered customer programme ‘AIA First Class’ for our premier customers. Headline VONB growth of 6 per cent was the result of very strong growth in the first half of the year set against a second half significantly affected by social unrest in Hong Kong. Annual Report 2014. Sunday & Public Holidays: Closed, HONG KONG, For Individuals. AIA recognises everyone has different needs at different stages of life. Visit our corporate site to learn more about AIA. Find our products and services according to your protection and wealth management range needs, We have the solutions to help you live the dream you wish and protect the ones you care. “Over the last century, AIA has successfully managed through many different economic cycles. Significantly, Janashakthi Insurance PLC was the first and only local insurer to embark on an acquisition post-split. AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. View. PDF pdf: Prudential plc Form 20-F 2019 XBRL data files. 13,440 million in 2017. The profit after tax for 2018 includes the transfer of life business surplus for the year, being LKR 1,157 million and the creation of a deferred tax asset of LKR 2,537 million arising from the tax regime change for life insurers with the enactment of the Inland Revenue Act 2017, which introduced a surplus based tax basis replacing the previous I-E tax basis. AIA Group Limited (the “Company”; stock code: 1299) today announces financial results for the year ended 31 December 2019. 251A-301, Avenida Comercial de Macau, Macau, Mon-Fri: 8:45am – 5:15pm (Open through lunch) Sat, Sun & Public Holidays Closed. Annual Report The Annual Reports 2020 of Allianz Group and Allianz SE will be released on March 5, 2021. “The Board has recommended a 10 per cent increase in final dividend for 2019 to 93.30 Hong Kong cents per share, following AIA’s established prudent, sustainable and progressive dividend policy allowing for future growth opportunities and the financial flexibility of the Group within the context of the immediate macroeconomic and capital markets environment. AIA Insurance Lanka Plc (CTCE.N0000) - Financial and Strategic SWOT Analysis Review AIA Insurance Lanka Plc (CTCE.N0000) - Financial and Strategic SWOT Analysis Review - - Market research report and industry analysis - 12599790 Get today's AIA Insurance Lanka PLC stock price and latest AVIV news as well as AIA Insurance Lanka real-time stock quotes, technical analysis, full financials and more. Environmental Social Governance. We strengthened our bancassurance platform with continued strong growth through our strategic partnerships with DFCC Bank and NDB Bank, while also commencing development of our digital sales system. 08 March 2019. Cookie Policy Hong Kong SAR refers to Hong Kong Special Administrative Region. View. GENERAL INSURANCE INDUSTRY As for Sri Lanka’s General Insurance industry, the sector recorded a moderate year-on-year growth of 5.5% in 2019 in the backdrop of the adverse impact of the Easter Sunday attacks on the overall economy. An Extraordinary General Meeting (EGM) on this matter will be held on March 27, 2019. 2016. There was continued improvements in customer engagement and premium collection, that resulted in a 22 per cent growth in premium collection from these initiatives. View. William Lisle, Chairman of AIA Sri Lanka, said: “I am pleased to see AIA Sri Lanka’s resilience in the face of adversity and appreciate the initiatives launched in 2018 and also the progress made. Interested to join our AIA family? Annual Report 2012. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”). Information and resources to help you make wise investment decisions and healthy lifestyle changes. View. 24×7 Hotline 1330. and VONB grew strongly at 16 per cent excluding Hong Kong. For Business. • Gross Written Premium (GWP) of the life insurance business, grew by 11 per cent to a record LKR 12,739 million, driven by growth in regular premium business and a favourable shift in persistency. Life after a career can be a scary thought. ... Sign-up for our insurance and takaful plans online for immediate protection. 2014 AIA and Citibank formed a landmark, long-term and exclusive bancassurance partnership that encompasses 11 markets in the Asia-Pacific region. AIA is committed to helping you meet your financial needs and goals with a wide range of life and health protection and long-term savings products. Annual Report 2013. it's about time you thought about your happiness and aspirations. 6 per cent growth in value of new business (VONB) to US$4,154 million. There is no better feeling in life than being healthy. We reshaped our strategy and senior leadership team, while also facing a period of uncertainty in Further information on APM’s, including a reconciliation to the financial statements (where possible), can be found in the ‘Other Information’ section of the Annual report and accounts. Union Assurance Centre, 20, St. Michael’s Road, [email protected] +94 11 2990990. The directors present the Annual Report for the year ended 31 December 2019, which includes the strategic report, corporate governance, and audited accounts for this year. Publicly listed company AIA Insurance Lanka PLC (“AIA Insurance Lanka”) announced that it will delist the Company’s shares from the official list of the Colombo Stock Exchange (“CSE”) in compliance with applicable regulations and procedures while at the same time reaffirming its commitment to the Sri Lankan market. . AIA Insurance Lanka PLC is a Sri Lanka-based insurance company. AIA’s financial information in this Financial Summary is based on the audited consolidated financial statements and supplementary embedded value information for the year ended 31 December 2019, unless otherwise stated. The business that is now AIA was first established in Shanghai almost a century ago in 1919. PARTNERING FOR GOOD Annual Reports 2010 - 2018. Others zip: Prudential Tax Strategy 2019. We commenced business in Sri Lanka through the acquisition of Aviva NDB Insurance. The results of Tata AIA Life are accounted for the twelve-month period ended 30 September 2019 and the twelve-month period ended 30 September 2018 in AIA’s consolidated results for the year ended 31 December 2019 and the twelve months ended 31 December 2018 respectively. AIA’s agency recruitment pipeline in Mainland China remains strong. 28th February 2019 AIA INSURANCE LANKA PLC CONSOLIDATED INDEPENDENT ADVISOR’S REPORT Prepared by CAPITAL ALLIANCE PARTNERS LIMITED Level 05, Millennium House, 46/58, Nawam Mawatha, Colombo 02, Sri Lanka policies, claims and more. information on the types of cookies we collect, what we use these for, and how to manage your cookie Our domestic customer segment in Hong Kong continued to deliver a strong performance with double-digit VONB growth for the year. 4 AIA Insurance Lanka PLC l Annual Report 2014 Taking our Real Life promise to greater heights For over 90 years, AIA has helped generations of families all over Asia. The Group also provides employee benefits, credit life and pension services to corporate clients. . Ng Keng Hooi, AIA’s Group Chief Executive and President, said: “AIA has delivered a resilient performance in 2019, despite a challenging operating environment, with continued growth in all our main financial metrics. A virtual Analyst Briefing hosted by Lee Yuan Siong, Group Chief Executive and President, and other Group Executive Committee members was held at 9:30 a.m. Hong Kong time. View. Cookie Policy PDF pdf: Environmental, Social and Governance Report 2019. 16 per cent growth in VONB excluding Hong Kong. We have unrivalled distribution capabilities and a diversified, high-quality portfolio of businesses across 18 markets, the latest addition being our recently- launched operation in Myanmar, and we are continuing our preparations for further geographical expansion in Mainland China. READ OUR 2019 REPORT . Other Markets achieved 27 per cent growth in VONB, led by strong performances in Australia, the Philippines and Vietnam. Start an education fund as soon as possible to ensure your children’s bright future, Concentrate on getting well without financial worries, Comprehensive protection saves you the financial hassle in dealing with the unexpected, Realise your lifelong dreams by accumulating wealth today, Move towards a fulfilling life in retirement. The Annual Reports 2019 of Allianz Group and Allianz SE were released on March 6, 2020 . • Consolidated profit after tax decreased from LKR 13,442 reported in 2017 to LKR 4,111 million in 2018. Our partnership distribution business reported slightly lower VONB as strong VONB growth in the bancassurance channel was offset by a significant decline from the retail IFA channel in Hong Kong in the second half. The business that is now AIA was first established in Shanghai a century ago in 1919. Life Protection. Our initiatives are nationally relevant and contribute meaningfully to the well-being of the community. “AIA’s proprietary agency distribution delivered 11 per cent VONB growth as we focused on our quality recruitment programmes to drive an increase in the number of active agents. Click here to view AIA Investment Linked Funds Performance Report 2019. ... LONGER, HEALTHIER, BETTER LIVES. Putting a plan in place to achieve your financial goals requires both objective and expert advice. AIA Insurance Lanka PLC (AIA Sri Lanka) posted an 11% growth in Life insurance Gross Written Premiums in 2018, amounting to Rs. Some of our markets are facing near-term headwinds from the lower interest rate environment and the past two months have seen COVID-19 emerge as a new global risk. Get information about AIA Insurance Lanka dividends and ex-dividend dates. Learn more about the needs of different life stages and the solutions we can offer. You can find more information on the types of cookies we collect, what we use these for, and how to manage your cookie settings in our Universal Life and Participating Products, Copyright © 2020, AIA Group Limited and its subsidiaries. Find AIA's latest and previous press releases. The overall boundary of this Annual Report comprises Sri Lanka Insurance Corporation and its subsidiaries, identified as “SLIC” or “Company” individually and “Group” collectively. We all have hopes and dreams for the future, Proof of our competence and good governance. Customers could book service via our mobile application AIA Connect (Profile > Contact AIA > Customer Service Centre Enquiry Appointment Service) or book it via our corporate website (. AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”). AIA Insurance joins CANSOC to drive breast cancer awareness Breast Cancer is the commonest cancer among women in Sri Lanka and its incidence has been continuously rising. Our people are the founders of our success, Activities that connect with and contribute to the community, Recognising the achievement of our agency force, Find out more about our network of partners, Find the right insurance at your fingertips. "AIA Hong Kong", "AIA Macau", "AIA", the "Company", "we", "us" or "our" as used in this webpage refers to AIA International Limited (Incorporated in Bermuda with limited liability), Online Payment with Visa / MasterCard / AMEX / FPS, Important Information (Group Insurance/MPF/ Pension), DISCOVER KEY CORPORATE FACTS ABOUT AIA HONG KONG & MACAU, https://www.aia.com.hk/en/help-and-support/individuals/appointment-form.html, 6 per cent growth in value of new business (VONB) to US$4,154 million, 16 per cent growth in VONB excluding Hong Kong, Annualised new premiums (ANP) up 2 per cent to US$6,585 million, VONB margin increased by 3.0 pps to 62.9 per cent, Operating profit after tax (OPAT) up by 9 per cent to US$5,741 million, Embedded value (EV) operating profit increased by 6 per cent to US$8,685 million, Operating return on EV (operating ROEV) at 15.9 per cent, EV Equity of US$63.9 billion and EV of US$62.0 billion, both up 12 per cent, Underlying free surplus generation of US$5,501 million, up 13 per cent, Free surplus increased to US$14.9 billion, Solvency ratio for AIA Company Limited (AIA Co.) remained strong at 362 per cent on the HKIO basis, after the effect of the acquisition of The Colonial Mutual Life Assurance Society Limited (CMLA) in Australia, 10 per cent growth in final dividend to 93.30 Hong Kong cents per share, Total dividend of HK$1.266 per share, up 11 per cent (excluding special dividend in 2018). 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