AIA Singapore posts 16% rise in new business value in H1 2025

Annualised new premium (ANP) rose 28% to $547m.

AIA Singapore reported a 16% increase in value of new business (VONB) for the first half of 2025 (H1 2025), supported by stronger performances across all distribution channels.

Annualised new premium (ANP) rose 28% to $547m, whilst the VONB margin declined 4.9 percentage points to 47.4%, mainly due to higher sales of unit-linked long-term savings products in the first quarter. 

Total weighted premium income (TWPI) grew 17%, reflecting the overall expansion of business activity in H1 2025.

Operating profit after tax (OPAT) increased 4%, as business growth was partly offset by reduced investment income on surplus assets following higher remittances to fund share buy-backs.

Chief executive officer Wong Sze Keed said AIA Singapore continued to grow its position in the affluent and high-net-worth segments.