Visit our corporate site to learn more about AIA. 1 This is an Alternative Performance Measure (APM) which provides useful information to enhance the understanding of financial performance. 08 March 2019. In 2019, the insurance industry displayed an overall growth of 8.64% in nominal terms compared to Union Assurance Centre, 20, St. Michael’s Road, [email protected] +94 11 2990990. policies, claims and more. View. • Consolidated revenue grew by 6 per cent to LKR 18,232 million during the financial year 2018, from the figure reported for financial year 2017, driven by the growth in Gross Written Premium. 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. It has a presence in 18 markets in Asia-Pacific – wholly-owned branches and subsidiaries in Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, Cambodia, a 97 per cent subsidiary in Sri Lanka, a 49 per cent joint venture in India and a representative office in Myanmar. Annual Report The Annual Reports 2020 of Allianz Group and Allianz SE will be released on March 5, 2021. It is a science-backed wellness programme that helps you make positive changes to your health by rewarding you for living a more active lifestyle. ANNUAL REPORT 2019 – LEADING WITH PURPOSE . 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”). AIA became the Official The Group also provides employee benefits, credit life and pension services to corporate clients. ... LONGER, HEALTHIER, BETTER LIVES. Click here to view AIA Investment Linked Funds Performance Report 2019. The proposed delisting of the Company’s shares will be based on a revised and AIA recognises everyone has different needs at different stages of life. Excluding Hong Kong, agency distribution VONB grew by 16 per cent and partnership distribution VONB increased by 19 per cent for the year. Growth rates are shown on a constant exchange rate basis below: Increased operating profit and attractive returns, Strong cash flow and resilient capital position. An Extraordinary General Meeting (EGM) on this matter will be held on March 27, 2019. Our local businesses in affected areas have also been assisting communities with enhanced benefits and expedited claims procedures. Breast cancer is curable if detected early which makes preventive screening, early detection and awareness, imperative. How can I help you today ? 251A-301, Avenida Comercial de Macau, Macau, Mon-Fri: 8:45am – 5:15pm (Open through lunch) Sat, Sun & Public Holidays Closed. 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. We strive to assist you for all your inquiries with high touch customer service. View. • The consolidated profit after tax for 2017 includes the transfer of life business for the year and the transfer of the Risk Based Capital one-off surplus in line with the Direction #16 issued by the Insurance Regulatory Commission of Sri Lanka. For the six months ended 30 June 2019, AIA InsuranceLanka PLC revenues increased 5% to LKR9.44B. “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. Visit our corporate site to learn more about AIA. Privacy Statement View. Login or register to access and manage all your policies, claims and more. We reshaped our strategy and senior leadership team, while also facing a period of uncertainty in Do Sri Lankans face unique health challenges? 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. 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. and “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. View. VONB is calculated based on assumptions applicable at the point of sale. Hong Kong SAR refers to Hong Kong Special Administrative Region. Welcome to Sri Lanka Insurance Life. You can find more details by going to one of the sections under this page such as ex-date, dividend and payment date. 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. 6 per cent growth in value of new business (VONB) to US$4,154 million. Customer Service Centres & its Cashier Office located in Kwun Tong will suspend their service. • Consolidated profit after tax decreased from LKR 13,442 reported in 2017 to LKR 4,111 million in 2018. Privacy Statement AIA Insurance Lanka PLC on October 3, 2019 announced that the Colombo Stock Exchange (CSE) by its letter dated 02nd October 2019 has confirmed that the Company is delisted from the Official List of the CSE effective 02nd October 2019. Our people are the founders of our success, Activities that connect with and contribute to the community, Recognising the achievement of our agency force, Find out more about our network of partners, Find the right insurance at your fingertips. Our domestic customer segment in Hong Kong continued to deliver a strong performance with double-digit VONB growth for the year. We strengthened our bancassurance platform with continued strong growth through our strategic partnerships with DFCC Bank and NDB Bank, while also commencing development of our digital sales system. The Company is engaged in life insurance business. Get information about AIA Insurance Lanka dividends and ex-dividend dates. 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”). Significantly, Janashakthi Insurance PLC was the first and only local insurer to embark on an acquisition post-split. “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. Publicly listed company AIA Insurance Lanka PLC (“AIA Insurance Lanka”) announced that it will delist the Company’s shares from the official list of the Colombo Stock Exchange (“CSE”) in compliance with applicable regulations and procedures while at the same time reaffirming its commitment to the Sri Lankan market. “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. View. We strive to assist you for all your inquiries with high touch customer service. Chairman’s statement Aviva plc Annual report and accounts 2019 02 Strategic report Governance IFRS financial statements Other information Chairman’s statement 2019 was a year of change for Aviva. Find out how we are helping shape the future of insurance. The directors present the Annual Report for the year ended 31 December 2019, which includes the strategic report, corporate governance, and audited accounts for this year. It had total assets of US$221 billion as of 30 June 2018. Life Protection. By year-end 2019, the general insurance industry reached the Rs. Facebook-f Linkedin-in Youtube Cookie Policy 24×7 Hotline 1330. AIA Group Limited (the “Company”; stock code: 1299) today announces financial results for the year ended 31 December 2019. Cookie Policy Find our products and services according to your insurance needs. Find our products and services according to your protection and wealth management range needs, We have the solutions to help you live the dream you wish and protect the ones you care. The main highlights are: 4 AIA Insurance Lanka PLC l Annual Report 2014 Taking our Real Life promise to greater heights For over 90 years, AIA has helped generations of families all over Asia. “Over the last century, AIA has successfully managed through many different economic cycles. Other Markets achieved 27 per cent growth in VONB, led by strong performances in Australia, the Philippines and Vietnam. 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. Annual Report 2013. Annual Report 2016. AIA is committed to helping you meet your financial needs and goals with a wide range of life and health protection and long-term savings products. 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. A AIA Insurance Lanka Plc (CTCE.N0000) - Financial and Strategic SWOT Analysis Review AIA Insurance Lanka Plc (CTCE.N0000) - Financial and Strategic SWOT Analysis Review - - Market research report and industry analysis - 12599790 Sunday & Public Holidays: Closed, HONG KONG, Monday - Friday: 8:45 a.m. – 7 p.m.; Others zip: Prudential Tax Strategy 2019. Our investments in strengthening our brand visibility also resulted in sizeable enhancement in our brand recognition parameters with Total Brand Awareness growing to 86% by the end of the year. Life after a career can be a scary thought. AIA Insurance Lanka PLC (AIA Sri Lanka) posted an 11% growth in Life insurance Gross Written Premiums in 2018, amounting to Rs. PDF pdf: Prudential plc Form 20-F 2019 XBRL data files. It is a remarkable history that comes to life with a wealth of customer insights gained along the brand journey. Annual Report 2015. Universal Life and Participating Products, Copyright © 2020, AIA Group Limited and its subsidiaries. OPAT and operating earnings per share are shown after non-controlling interests unless otherwise stated. There was continued improvements in customer engagement and premium collection, that resulted in a 22 per cent growth in premium collection from these initiatives. Learn more about the needs of different life stages and the solutions we can offer. “Our wholly-owned operation in Mainland China once again delivered a very strong performance with 27 per cent growth in VONB. 12 March 2020. AIA completed the full integration of the businesses of AIA and ING Malaysia. 16 per cent growth in VONB excluding Hong Kong. Show your appreciation for someone who has helped you. "AIA Hong Kong", "AIA Macau", "AIA", the "Company", "we", "us" or "our" as used in this webpage refers to AIA International Limited (Incorporated in Bermuda with limited liability), Online Payment with Visa / MasterCard / AMEX / FPS, Important Information (Group Insurance/MPF/ Pension), DISCOVER KEY CORPORATE FACTS ABOUT AIA HONG KONG & MACAU, https://www.aia.com.hk/en/help-and-support/individuals/appointment-form.html, 6 per cent growth in value of new business (VONB) to US$4,154 million, 16 per cent growth in VONB excluding Hong Kong, Annualised new premiums (ANP) up 2 per cent to US$6,585 million, VONB margin increased by 3.0 pps to 62.9 per cent, Operating profit after tax (OPAT) up by 9 per cent to US$5,741 million, Embedded value (EV) operating profit increased by 6 per cent to US$8,685 million, Operating return on EV (operating ROEV) at 15.9 per cent, EV Equity of US$63.9 billion and EV of US$62.0 billion, both up 12 per cent, Underlying free surplus generation of US$5,501 million, up 13 per cent, Free surplus increased to US$14.9 billion, 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 Australia, 10 per cent growth in final dividend to 93.30 Hong Kong cents per share, Total dividend of HK$1.266 per share, up 11 per cent (excluding special dividend in 2018). AIA Insurance Lanka PLC is a Sri Lanka-based insurance company. 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. AIA Group Limited (the “Company”; stock code: 1299) today announces financial results for the year ended 31 December 2019. We understand your needs and are committed to offering the right solutions that cater to your evolving needs.​, Provide financial peace of mind in case worst should happen, Relieve financial burden when serious illness strikes, Benefit pay-out based on your illness severity level, Government-certified medical protection plans providing medical cover, with premiums that are eligible for tax deductions, Protect against accidents and other unforeseen events, A game changing wellness programme that redefines the traditional concept of insurance and reward you to live a healthy lifestyle, A comprehensive retirement solutions for employees and self-employed persons, Support your HR strategies with flexible and cost-effective plans to protect your employees, A comprehensive retirement solutions for employers. AIA Group Limited announced its 2020 Interim Results for the year on 20 August 2020 (Thursday). ... Sign-up for our insurance and takaful plans online for immediate protection. AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. We commenced business in Sri Lanka through the acquisition of Aviva NDB Insurance. William Lisle, Chairman of AIA Sri Lanka, said: “I am pleased to see AIA Sri Lanka’s resilience in the face of adversity and appreciate the initiatives launched in 2018 and also the progress made. For Customer Service Centre & its Cashier Office located in North Point, service hours will be adjusted to 10am – 5pm, Monday to Friday. 2016. Annual Report 2014. All rights reserved. These are all testimony of AIA Group’s firm commitment to the Sri Lankan business where we continue to invest in transformational initiatives, and look forward to achieving further success in the years to come.”. The business that is now AIA was first established in Shanghai almost a century ago in 1919. AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. Users can opt to see 4 periods of either annual or quarterly information. View. Key Links. SLIC Life Insurance Assistant. The business that is now AIA was first established in Shanghai a century ago in 1919. 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. 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.”. 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. ... 01 November 2019 AIA Reports New Business Results for the Third Quarter of 2019. 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. Our thoughts are with the families and communities who have been affected by this public health emergency. Annual Reports 2010 - 2018. 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. Prudential plc Form 20-F 2019. Further information on APM’s, including a reconciliation to the financial statements (where possible), can be found in the ‘Other Information’ section of the Annual report and accounts. We care about your family's well being as much as you do. ... Reports and Financial Statements for the Financial Year Ended 31 December 2019 - AIA Public Takaful Bhd. 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. We are sorry for any inconvenience that may cause. The profit after tax for 2018 includes the transfer of life business surplus for the year, being LKR 1,157 million and the creation of a deferred tax asset of LKR 2,537 million arising from the tax regime change for life insurers with the enactment of the Inland Revenue Act 2017, which introduced a surplus based tax basis replacing the previous I-E tax basis. Take care of your medical and emotional needs throughout your healthcare journey. This Annual Report for Sri Lanka Insurance Corporation covers the 12-month period from 1 January 2018 to 31 December 2018. • Gross Written Premium (GWP) of the life insurance business, grew by 11 per cent to a record LKR 12,739 million, driven by growth in regular premium business and a favourable shift in persistency. The Company recorded an after-tax profit of LKR 4,116 million during 2018 compared to the restated result of Rs. • Investment income dropped by 3 per cent, due to impact on government bond values from the abolishing of national Withholding Tax credits (NTC) effective from 1st April 2018 with the enactment of the Inland Revenue Act 2017. For Business. It had total assets of US$284 billion as of 31 December 2019. For almost a century, AIA has served the ever-changing needs of millions of people all across the Asia-Pacific region. For a century, AIA has served the ever-changing needs of millions of people all across the Asia-Pacific region. Interested to join our AIA family? This website uses cookies for the purpose of enhancing your user experience. Get today's AIA Insurance Lanka PLC stock price and latest AVIV news as well as AIA Insurance Lanka real-time stock quotes, technical analysis, full financials and more. Environmental Social Governance. Which life stages are you in? In 2019, we celebrate 100 years of the AIA Group, growing from a Shanghai-based start-up to the world’s largest life insurer (Bloomberg, 30 June 2018). I remain confident of the long-term growth potential of the Sri Lankan market, and we remain committed to continuously focusing on executing our strategy for making steady progress towards our goal of becoming the pre-eminent life insurer in Sri Lanka and help its people live healthier, longer, better lives.”. This website uses cookies for the purpose of enhancing your user experience. Putting a plan in place to achieve your financial goals requires both objective and expert advice. 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. . Hong Kong Island AIA Wealth Select Centre 12/F, AIA Tower, 183 Electric Road, North Point, Hong Kong, Kowloon Suite 1313, 13/F, AIA Kowloon Tower, Landmark East, 100 How Ming Street, Kwun Tong, Kowloon, Hong Kong, Mon-Fri: 8:45am – 6pm (Open through lunch) Sat, Sun & Public Holidays Closed, 1903, AIA Tower, Nos. The Company also provides services in the capacity of a trustee for various funds. 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. 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