Major insurer AIA Group Limited has pointed to further growth prospects on the back of this week announcing the delivery of record value of new business of US$300 million for the quarter to the end of August, this year.
Announcing the result, AIA Australia chief executive Peter Crewe said it pointed to the company’s capacity as the largest independent pan-Asian insurer to continue to benefit from expanding demand for long-term savings and protection products.
“The combination of our highly committed employees, proprietary distribution platform, extensive brand reach, broad product range and balance sheet strength puts us in an excellent position to capture the significant growth opportunities available from our markets and to generate sustainable value for our shareholders.
“We still see great opportunities in the local market and are committed to driving value and innovation," Crewe said.
