Contact AIA +94 11 2310310. 2015. Integrated Reporting in Annual Reports is widely recognized as a process of creating corporate value and sustainability to … AIA Group Limited and its subsidiaries (collectively "AIA" or the "Group") comprise the largest independent publicly listed pan-Asian life insurance group. We support you in taking charge of your health. Find announcements issued under the Listing Rules. 2018. (4) VONB includes pension business. In response to the sleep deprivation crisis in Asia, AIA takes a leadership position to help people reap the benefits of one more hour of sleep. and AIA Singapore has been supporting the social and economic development in Singapore for close to 90 years with our unwavering commitment to help our customers live healthier, longer, better lives. Annual Report 2012. View. Following the announcement late last year of the further opening of Mainland China to foreign life insurers, we submitted an application for regulatory approval to convert our Shanghai branch into a subsidiary. Annual Report 2015. View. Get to know our leadership team. Our thoughts are with the families and communities who have been affected by this public health emergency. 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. 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. 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. The business that is now AIA was first established in Shanghai a century ago in 1919. Bill's end-of-year review. ANNUAL REPORT 2019 – LEADING WITH PURPOSE . Subject to regulatory approval, this will form the new foundation for our geographical expansion plans in Mainland China, which began with the opening of new sales and service centres in Tianjin and Shijiazhuang, Hebei during 2019. HONG KONG, March 11, 2020 /CNW/ -- AIA Group Limited (the "Company"; stock code: 1299) today announces financial results for the year ended 31 December 2019.. Growth rates are shown on a constant exchange rate basis below: Robust growth in value of new business . 6 per cent growth in value of new business (VONB) to US$4,154 million; 16 per cent growth in VONB excluding Hong Kong ... a 97 per cent subsidiary in Sri Lanka, and a 49 per cent joint venture in India. AIA Sri Lanka Annual Report. View. All rights reserved. ... Myanmar, a 99 per cent subsidiary in Sri Lanka, ... as previously disclosed in our Annual Report 2018. Find out how we have delivered on our commitments Watch the video Our performance. Our multi-market study tracks more than 10,000 people’s health concerns and hopes for a healthier way of life. The business that is now AIA was first established in Shanghai a century ago in 1919. ANNUAL REPORT 2019 STARBURST HOLDINGS LIMITED ANNUAL REPORT 2019 Address : 6 Tuas View Circuit Singapore 637599 ... AIA Tower, Singapore 048542. 2. 9 MIN READ AIA Reports Financial Results For 2019. CONTENTS 2 CORPORATE PROFILE 3 GROUP STRUCTURE 4 OUR BUSINESS ... Zealand and Sri Lanka. Annual Report 2014. For a century, AIA has served the ever-changing needs of millions of people across the Asia-Pacific region. 12,739 million. The Board of Directors of AIA Insurance Lanka PLC (“AIA Sri Lanka” or the “Company”) is pleased to announce the financial results of the Company and its subsidiary (collectively, the “Group”) for the year ended 31 December 2018. View More > Interim Accounts. subsidiary in Sri Lanka, and a 49 per cent joint venture in India. AIA Reports Financial Results For 2019. The reported ANP and VONB for 2018 have not been restated and do not include any contribution from Tata AIA Life.The total reported VONB for the Group in 2019 excludes the VONB attributable to non-controlling interests of US$32 million. (2)   Change is shown on a year-on-year basis compared with the corresponding twelve-month period ended 31 December 2018, unless otherwise stated. Our Leadership Team. Value of new business increased by 20 per cent to a record half-year result of US$2,275 million for the Group. "While our insurance benefits provide financial support to our millions of customers when they need it most, we continue our journey of moving beyond the traditional transaction-focused insurance model towards being a lifelong partner to our customers. 1. It had total assets of US$284 billion as of 31 December 2019. Privacy Statement "Over the last century, AIA has successfully managed through many different economic cycles. View. AIA Sri Lanka Annual Report. I am also pleased that OPAT from Mainland China exceeded US$1 billion for the first time, illustrating the attractive financial dynamics of our business. 2017. subsidiary in Sri Lanka, and a 49 per cent joint venture in India. Telephone: +94(0) 11 231 0240. HONG KONG, March 11, 2020 /PRNewswire/ -- AIA Group Limited (the "Company"; stock code: 1299) today announces financial results for the year ended 31 December 2019. . The focus of our CSR programme is Healthy Living – helping people to live healthier, longer, better lives. Annual Report 2018 CONTENTS SRI LANKA INSURANCE CORPORATION 4 – About this Report 5 – About Sri Lanka Insurance Corporation 8 – Highlights 10 – Message from the Chairman 12 – Managing Director’s Review 16 – Chief Executive Officer‘s Review FINANCIAL REPORTS 104 – Annual Report of the Board of Directors of the Company ... Vietnam, Brunei, Macau SAR, New Zealand, a 99 per cent subsidiary in Sri Lanka, and a 49 per cent joint venture in India. Cision Distribution 888-776-0942 Operating profit after tax increased by 9 per cent, underlying free surplus generation grew by 13 per cent, and EV Equity grew by 12 per cent. Our ESG commitment aims to deliver value to all our stakeholders. Image gallery for media professionals. Bringing you delicious recipes and inspiration to eat well for a healthier, longer, better life. AIA Insurance congratulates Sri Lanka’s Most Admired Companies. This survey was conducted by RAND Europe, a Explore the diverse career options with us. Annual Report 2019: Available as: PDF Publication Date: 28 April 2020. VONB grew strongly at 16 per cent excluding Hong Kong. 13,440 million in 2017. 2014. Our local businesses in affected areas have also been assisting communities with enhanced benefits and expedited claims procedures. "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. This website uses cookies for the purpose of enhancing your user experience. Change on constant exchange rates (CER) is calculated using constant average exchange rates for the year ended 31 December 2019 and for the twelve months ended 31 December 2018 other than for balance sheet items that use CER as at 31 December 2019 and as at 31 December 2018. ... as previously disclosed in our Annual Report 2018. HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, https://photos.prnasia.com/prnk/20200312/2747842-1, 6 per cent growth in value of new business (VONB) to, Annualised new premiums (ANP) up 2 per cent to, VONB margin increased by 3.0 pps to 62.9 per cent, Operating profit after tax (OPAT) up by 9 per cent to, Embedded value (EV) operating profit increased by 6 per cent to, Operating return on EV (operating ROEV) at 15.9 per cent, 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, 10 per cent growth in final dividend to 93.30. Email: nikhil.advani@aia.com. If you have queries, we would love to help! Download the report. AIA Sri Lanka Annual Report. Information about our shares, General Meetings and more. PDF; Upgrade your company profile to unlock all of your annual report content on AnnualReports.com. ISBN: 978-955-575-396-8. HONG KONG, March 12, 2020 /PRNewswire/ — AIA Group Limited ... Myanmar, a 99 per cent subsidiary in Sri Lanka, ... as previously disclosed in our Annual Report 2018. Excluding Hong Kong, agency distribution VONB grew by 16 per cent and partnership distribution VONB increased by 19 per cent for the year. Other Markets achieved 27 per cent growth in VONB, led by strong performances in Australia, the Philippines and Vietnam. AIA Reports Financial Results For 2019 ... Myanmar, a 99 per cent subsidiary in Sri Lanka, ... as previously disclosed in our Annual Report 2018. The latest credit ratings and information related to our Global Medium Term Note programme. (3)   VONB is calculated based on assumptions applicable at the point of sale.In 2019, ANP and VONB for Other Markets include 49 per cent of the results from our joint venture in India, Tata AIA Life Insurance Company Limited (Tata AIA Life), to reflect our shareholding. Copyright © 2020, AIA Group Limited and its subsidiaries. Annual Report 2019 We have made good progress in the year and we are on track to deliver our objectives. Sri Lanka Insurance Corporation Ltd. ANNUAL REPORT 2019 | 003 CONTENTS OVERVIEW 004 Financial Highlights 006 Chairman’s Statement 009 Group Chief Executive and President’s Report 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. About AIA. “AIA has delivered double-digit increases in our main financial metrics in the first half of 2019, continuing our consistent track record of growth. Annual Report 2019. Welcome to Sri Lanka Insurance Life. 10 th October 2019: AIA Insurance congratulates the winners of Sri Lanka’s Most Admired Companies 2019, for being recognized not just for their financial performance but also the value they create for their shareholders, customers, employees and the wider community. Presentation (Video) Presentation (Slides) Annual Report 2018: Available as: PDF Publication Date: 25 April 2019 "The 5 per cent VONB reduction in Hong Kong reflected a decline in sales from Mainland Chinese visitors in the second half of 2019,  broadly tracking the fall in the number of visitor arrivals as previously highlighted. Our domestic customer segment in Hong Kong continued to deliver a strong performance with double-digit VONB growth for the year. ANP and VONB margin exclude pension business and are before deduction of non-controlling interests. (4) VONB includes pension business. Browse recent AIA press releases in our archive. AIA Group Limited has reached its limit for free report views. About AIA. The latest updates and information about AIA Group Limited for shareholders, potential investors and financial analysts. Helping people live Healthier, Longer, Better Lives. ... Until recently, Tejpreet was the President and CEO of General Electric in India, Sri Lanka and Bangladesh, and was responsible for directing GE's strategies for growth in these countries. Key Links. View More > Annual Report 2011. View More > Union Assurance Centre, 20, St. Michael’s Road, Colombo 03, Sri Lanka. 2016. HWS is a comprehensive survey of the health and well-being of employees around Asia-Pacific. SRILANAN AIRLINES | Annual Report 2018/19 5 My message for the Annual Report and Audited Accounts of SriLankan Airlines Limited for the financial year 2018/2019 comes to you against the backdrop of an extremely challenging and unprecedented environment, which not only tested the resilience of our Airline but the solidarity of the whole country. Through an extensive network of agents, partners and employees across Asia-Pacific, AIA serves the holders of more than 36 million individual policies and over 16 million participating members of group insurance schemes. Annual Report 2019. (4)   VONB includes pension business. Annual Report 2018. (4) VONB includes pension business. (8)   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. (4) VONB includes pension business. Annual Report FY 2013-14; Balance Sheet - SRF Indian Subsidiaries. For a century, AIA has served the ever-changing needs of millions of people across the Asia-Pacific region. It has a presence in 18 markets in Asia-Pacific – wholly-owned branches and subsidiaries in Hong Kong SAR, Thailand, Singapore, Malaysia, Mainland China, South Korea, the Philippines, Australia, Indonesia, Taiwan (China), Vietnam, New Zealand, Macau SAR, Brunei, Cambodia, Myanmar, a 99 per cent subsidiary in Sri Lanka, and a 49 per cent joint venture in India. (6)   Total dividend of HK$1.14 per share for the twelve months ended 31 December 2018 does not include the special dividend for the additional month in the accounting period due to the change in financial year-end date. 2019 Annual Report. (5)   OPAT and operating earnings per share are shown after non-controlling interests unless otherwise stated. To view the whole release, please click: https://photos.prnasia.com/prnk/20200312/2747842-1. VONB for 2018 has not been restated and is reported before deducting the amount attributable to non-controlling interests of US$27 million, as previously disclosed in our Annual Report 2018. We have seen a significant disruption in the Group's new business sales in the first quarter from reduced face-to-face interactions and have taken a number of proactive measures including a rapid acceleration of digital platforms to further support agency recruitment, training and sales activities. 2019 is an important year for ICC Sri Lanka, as the global organization celebrates its Centenary year. Read about our regional surveys and studies. The Annual report for the year 2019-20 of Lanka IOC PLC was recently awarded the best Integrated Report award under Power & Energy sector in “CMA Excellence in Integrated Reporting Awards-2020” by the Institute of Certified Management Accountants of Sri Lanka. Our Leadership Team. Annual Report 2018 | 9 JULY SEPTEMBER OCTOBER DECEMBER Launch of the ‘Healthiest Workplace Survey’ AIA launched Sri Lanka’s Healthiest Workplace Survey (HWS), for the first time in Sri Lanka. Our various sponsorships allow us to engage with multiple audiences in exciting and unique ways. This website uses cookies for the purpose of enhancing your user experience. The IFRS results of Tata AIA Life are accounted for using the equity method. The need for AIA's insurance products will continue to grow strongly given rising incomes, low levels of private insurance penetration and limited social welfare coverage and I am confident that AIA is ideally positioned to deliver long-term sustainable growth.". MEDIA CONTACTS. The objective of this is to provide our readers with a well researched and definitive annual guide to the brand landscape of the country. Information about our Board of Directors, Committee Composition and more. For a century, AIA has served the ever-changing needs of millions of people across the Asia-Pacific region. If your ambition is to positively impact the lives of others, a career with AIA empowers you to do just that. It’s a simple but important fact: employee health is key to business success. The further growth in the membership of our wellness programmes to 1.7 million reflects our commitment to helping millions of people live Healthier, Longer, Better Lives. AIA Sri Lanka Annual Report. Annual Report 2017. AIA reports financial results for 2019 12 March 2020 ... New Zealand, Macau SAR, Brunei, Cambodia, Myanmar, a 99 per cent subsidiary in Sri Lanka, and a 49 per cent joint venture in India. 2019 Report View CEO' video on the 2019 Annual Report » Download the report in PDF » Find out more. Information about upcoming and past events. Interim Reports September 2019 ... Interim Reports December 2017. "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. How can I help you today ? ICC as a global body will continue to address many of the pressing global challenges facing trade and implementation of the SDGs. (8)   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.The IFRS results of Tata AIA Life are accounted for using the equity method. Annual Report 2013. "VONB growth in Thailand and Malaysia was supported by our Premier Agency strategy and bancassurance partnerships. from 8 AM - 9 PM ET. (7)   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. AIA Wealth Planner Krishan Dassanayaka is MDRT-MCC Country Chair for Sri Lanka AIA Insurance proudly congratulates Krishan Wasantha Dassanayaka, who has been honoured by the Million Dollar Round Table (MDRT) with an invitation to serve on the Membership Communications Committee (MCC) as Country Chair for Sri Lanka. View. Annual Report 2012. Thought Leadership. (3)   VONB is calculated based on assumptions applicable at the point of sale. At AIA we focus on developing best-in-class agents to offer the best advice and support to our customers. ... Corporate Governance Report. Cookie Policy Discover the eight ingredients of a Healthier, Longer, Better Life. The Company recorded an after-tax profit of LKR 4,116 million during 2018 compared to the restated result of Rs. 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 Macau SAR refers to Macau Special Administrative Region. "The strong domestic drivers of demand and major demographic trends in Asia provide powerful structural support for the long-term prospects of AIA's business. The Group also provides employee benefits, credit life and pension services to corporate clients. AIA Sri Lanka Annual Report. 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. (1)   All figures are presented in actual reporting currency (US dollar) and based on actual exchange rates (AER) unless otherwise stated. Annual Reports 2010 - 2018. 2 AIA SEMI ANNUAL FUNDS REPORT 2019 20 August 2019 Dear AIA Policyholder Thank you for your loyalty and trust in AIA. Nikhil Advani. View. View More > Annual Report 2018. . Cookie Policy Annual Report. Download the PDF version of our annual reports. and 12/03/2020 0 422. AIA Group Limited (HKEx Stock Code: 1299) share price performance. Phnom Penh, 22 February 2019 – Cambodian National Competitions Committee (“CNCC”) and AIA (Cambodia) Life Insurance Plc (“AIA Cambodia”) launched a joint grassroots football programme today in conjunction with English Premier League team Tottenham Hotspur Football Club (“Spurs”). Value Of New Business Up 6 Per Cent; Up 16 Per Cent Excluding Hong Kong Operating Profit Up 9 Per Cent; Final Dividend Up 10 Per Cent. Download the PDF version of our annual reports Photo Gallery. It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. 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 Annual Report 2016. (9)   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. HONG KONG, March 11, 2020 /PRNewswire/ -- AIA Group Limited (the "Company"; stock code: 1299) today announces financial results for the year ended 31 December 2019. For clarity, TWPI does not include any contribution from Tata AIA Life. WINNING PEOPLE, WINNING CULTURE . Privacy Statement 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 Full details of our results announcements and business presentations. AIA Sri Lanka Annual Report. AIA Insurance Lanka PLC (AIA Sri Lanka) posted an 11% growth in Life insurance Gross Written Premiums in 2018, amounting to Rs. Find out more. 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. Hong Kong SAR refers to Hong Kong Special Administrative Region. Growth rates are shown on a constant exchange rate basis below: Increased operating profit and attractive returns, Strong cash flow and resilient capital position. The annual guide to Sri Lanka’s brand landscape Brand Finance Lanka’s Sri Lanka 100 report has now been published for 16 consecutive years. SLIC Life Insurance Assistant. Annual reports. Janashakthi wins a Silver award at the SLITAD People Development Awards organised by the Sri Lanka Institute of Training & Development. Our Healthy Living initiatives, partnership with Tottenham Hotspur Football Club and more. "Our wholly-owned operation in Mainland China once again delivered a very strong performance with 27 per cent growth in VONB. AIA's agency recruitment pipeline in Mainland China remains strong. View More > Annual Report 2010. View. READ OUR 2019 REPORT . Janashakthi is placed 1st Runner Up in Insurance Category (South Asia) at the SAFA Best Presented Annual Report Awards contest organized by South Asian Federation of Accountants. 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"). Get in touch with our Investor Relations Team. Long-term economic assumptions remain unchanged from those shown in our Annual Report 2018, following the same approach that we have applied consistently for quarterly new business highlights. View. 2019. 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. Find out how we are helping shape the future of insurance. In Hong Kong content on AnnualReports.com 3 ) VONB is calculated based on assumptions applicable the. Shape the future of insurance a career with AIA empowers you to do just.! The last century, AIA has served the ever-changing needs of millions of people the. 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