AIA(HK:01299) Nan Fang Du Shi Bao·2025-06-26 02:09Group 1 - The appointment of Yu Hong as the General Manager of AIA Life has been approved by the National Financial Regulatory Administration, marking a significant management change within the company [1] - Yu Hong has extensive experience, having worked for nearly 27 years at Ping An Life before joining AIA, and will be responsible for the company's strategic planning and daily operations [1] - AIA Life is in a rapid expansion phase, having opened three new branches in Shandong, Zhejiang, and Chongqing by May 2025, and its business now covers multiple provinces including Beijing, Guangdong, and Shanghai [1] Group 2 - AIA Insurance's Regional CEO and Chairman Zhang Xiaoyu expressed confidence in the long-term development of the Chinese market and highlighted the establishment of AIA Asset Management Company as a key milestone for the company's growth in China [2] - The company reported a 20% increase in new business value, a 10% growth in annualized new premiums, and an 18% rise in total weighted premium income for 2024 [2] - As of the fourth quarter of 2024, AIA Life's comprehensive solvency adequacy ratio stood at 424.34%, indicating strong financial health [2]