AIA net profit falls 23.5% in H1 2025

The insurer also reported a 14% YoY increase in value of new business.

AIA Group Limited’s first half (H1 2025) net profit contracted by 23.5% on a year-on-year (YoY) basis, to $2.53b.

Basic earnings per share stood at 23.83 US cents, dipping by 19.3%.

The insurer also reported a 14% YoY increase in value of new business (VONB) to $2.84b for H1 2025, with growth recorded in 13 of its 18 markets. 

The insurer’s VONB margin improved by 3.4 percentage points to 57.7%.

AIA said it remains on track to meet its compound annual growth rate target of 9% to 11% for operating profit per share from 2023 to 2026.

The company returned $3.71b to shareholders in the first half through dividends and share buybacks. 

Its board declared an interim dividend of 49.00 Hong Kong cents per share, up 10% from last year. 

The shareholder capital ratio stood at 219% as of 30 June 2025.

Chief executive and president Lee Yuan Siong said the group’s agency channel delivered 17% growth in VONB, supported by a larger and more productive agent force, whilst partnership distribution posted an 8% rise.