Mar 14, 2025 / 01:00AM GMT
Yuan Siong Lee - AIA Group Ltd - President, Group Chief Executive Officer, Executive Director
Good morning and a warm welcome to AIA's annual results presentation.
I am delighted to report that AIA has delivered an excellent financial performance in 2024. We achieved double-digit growth across our key metrics for new business, earnings, and cash generation, demonstrating the benefits of our growth strategy.
Let me now take you through the highlights. Value of new business was up by 18% to a record high of $4.7 billion, building on the strong momentum we have generated in previous years.
EV equity increased to $71.6 billion, up by 9% per share after returning $6.5 billion to shareholders. Operating profit after tax also reached a record high, up by 12% per share. And underlying free surplus generation, our key operating measure of cash generation, grew by 10% per share.
Following our capital management policy, the Board has recommended an increase of 10% in the final dividend per share and announced a new share buyback of $1.6 billion. As you can see, we are delivering
Full Year 2024 AIA Group Ltd Earnings Call (Q&A) Transcript
Mar 14, 2025
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