Sou Hu Cai Jing·2026-03-18 23:43Core Insights - AIA Group reported a 15% increase in new business value to USD 5.516 billion for the year ending December 31, 2025, with 91% of this growth driven by protection and fee-based insurance products [1] Group 1: Financial Performance - After-tax operating profit reached USD 7.136 billion [1] - Shareholder allocated return on equity increased to 15.5%, up 70 basis points [1] Group 2: Business Growth - Exclusive agency channel achieved a 13% growth in new business value, primarily driven by an increase in active agents and improved productivity [1] - Partner distribution channel showed strong performance with a 22% increase in new business value [1] Group 3: Profitability Metrics - New business value margin rose to 58.5%, an increase of 3.6 percentage points compared to the previous year, attributed to a shift in product mix in Hong Kong and Thailand, as well as repricing of products in mainland China [1]