AIA Group points to further growth


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.
Recommended for you
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
TAL Risk Academy has updated its range of ethics courses to help financial advisers meet their CPD requirements following adviser feedback, including interpreting FSCP determinations.