, China
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AIA injects $277m into China Post Life for market growth

AIA retains its 24.99% stake in China Post Life.

AIA Group has completed a capital injection of $277m into China Post Life Insurance to support the insurer’s expansion in the Chinese life insurance market. 

The investment is part of a broader $1.11b (RMB8b) capital increase approved by China Post Life shareholders, with the remaining $840m (RMB6.001b) contributed by China Post Group Corporation. 

The transaction has received approval from the National Financial Regulatory Administration’s Beijing bureau.

AIA retains its 24.99% stake in China Post Life following the injection, which was funded from AIA’s internal resources.

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