Overview
AIA Group Limited is a publicly listed pan-Asian life insurance group, providing life, accident and health insurance and savings products, alongside employee benefits, credit life and pension services. The company’s stated purpose is “to help people live Healthier, Longer, Better Lives.” [1][2]
AIA operates across 18 markets, including Mainland China, Hong Kong SAR, Thailand, Singapore, Malaysia, Australia, Indonesia, the Philippines, South Korea and Vietnam; it also has a 49% joint venture in India. The business was first established in Shanghai in 1919.[1][3]
For the year ended 31 December 2025, AIA reported US$21.618 billion in insurance revenue and total assets of US$345 billion. It served more than 44 million individual policies and over 16 million group-scheme participating members.[4][3][5] [1][2][3][4][5]
Products & services
AIA’s products include life, accident and health insurance, savings plans, and related investment and financial-services offerings; availability and product features vary by market. Its portfolio also serves corporate clients through employee benefits, group insurance, credit life and pension services.[6][7][8]
Examples illustrate the range of local-market products: Hong Kong’s EverBliss Annuity offers savings with monthly-income options, while Wealth Enrich is a long-term savings plan with cash value, dividends and life benefits. AIA Assemble combines critical-illness and life protection, and the market’s VHIS range includes SelectWise, Privilege Ultra, Flexi and Standard plans. In Singapore, AIA Secure Flexi Term covers death, terminal illness and terminal cancer; HealthShield Gold Max is medical insurance, and Retirement Saver (IV) is a retirement savings product. These are market-specific examples rather than a uniform group-wide catalogue.[9][10][11][12][13][14][15]
Services include AIA Vitality, a health-and-wellness programme using challenges and rewards, and workplace wellness offerings such as employee health insights, wellness tips and rewards. AIA’s 2025 new business value (VONB) mix comprised participating business (45%), traditional protection (36%), unit-linked (10%) and other business (9%); these figures describe VONB mix, not premium or revenue shares.[16][17][18] [6][7][18][18][18][18][8][9][10][11][12][13][14][15][16][17]
Geographic presence
AIA Group Limited operates across 18 markets: Mainland China, Hong Kong SAR, Macau SAR, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and India. Its presence in India is through a 49% joint venture; the company also holds a separate 24.99% stake in China Post Life. For reporting, AIA groups Macau with Hong Kong and Brunei with Singapore; “Other Markets” combines Australia, Cambodia, India, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China) and Vietnam.[19]
For FY2025, AIA reported total weighted premium income (TWPI) of US$46.9 billion and annualised new premiums (ANP) of US$9.484 billion by market grouping. Hong Kong, including Macau, accounted for US$14.726 billion of TWPI (31.4%) and US$3.283 billion of ANP (34.6%); Mainland China, US$11.272 billion (24.0%) and US$2.152 billion (22.7%); Thailand, US$5.336 billion (11.4%) and US$895 million (9.4%); Singapore, including Brunei, US$5.263 billion (11.2%) and US$1.128 billion (11.9%); Malaysia, US$3.071 billion (6.5%) and US$515 million (5.4%); and Other Markets, US$7.232 billion (15.4%) and US$1.511 billion (15.9%). Percentages are calculated from the reported totals. These are premium measures, not a country-by-country accounting revenue breakdown.[19]
AIA’s Group headquarters is at 1 Stubbs Road, Wan Chai, Hong Kong. The company reported around 26,000 employees for FY2025, but the cited disclosures do not provide an employee distribution by country.[20][21] [1][22][23][24][25][19][20][21]
Business segments
AIA reports its operating segments geographically: Chinese Mainland, Hong Kong (including Macau), Thailand, Singapore (including Brunei), Malaysia, Other Markets, and Group Corporate Centre. The geographic markets conduct life, accident and health insurance and savings-plan business, and distribute related investment and other financial-services products. Other Markets includes Australia, Cambodia, India, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China) and Vietnam; Group Corporate Centre covers corporate functions, shared services and intragroup eliminations.[26]
For the six months ended 30 June 2026, approximate shares of group insurance revenue were Hong Kong 24.5%, Other Markets 22.5%, Chinese Mainland 16.5%, Singapore 13.6%, Thailand 12.9% and Malaysia 9.9%. Their respective shares of operating profit after tax (OPAT) were 37.5%, 8.9%, 24.1%, 9.8%, 16.9% and 6.5%; Group Corporate Centre reported negative OPAT equal to about 3.6% of group OPAT.[27] As a full-year reference, AIA’s 2025 results presentation reported OPAT shares of Hong Kong 37%, Chinese Mainland 23%, Thailand 16%, Singapore 10%, Malaysia 5% and Other Markets 9%.[28] [26][27][28]
Company history
AIA traces its origins to 1919, when Cornelius Vander Starr established an insurance agency in Shanghai. In 1921, Starr established Asia Life Insurance Company. The business moved to Hong Kong in 1947 and became American International Assurance (AIA) in 1948.[29][30]
AIA resumed operations in mainland China in 1992. Following a reorganisation in 2009, AIA Group Limited listed on the Hong Kong Stock Exchange on 29 October 2010.[30][31]
In 2012, AIA acquired ING’s Malaysia business and Aviva’s Sri Lankan insurance business; it integrated the Malaysia operation and began operating in Sri Lanka in 2013. AIG completed its exit from AIA in December 2012.[32][33] AIA agreed in 2017 to acquire CommInsure Life in Australia and Sovereign in New Zealand; Sovereign’s acquisition was completed in July 2018.[34][35] In 2020, Lee Yuan Siong succeeded Ng Keng Hooi as Group Chief Executive and President.[36] [29][30][31][32][33][34][35][36]
Sources
- AIA Group Limited — Full financial report (2025 Y)
- AIA Group Limited — Press release (2025 Y)[7]
- www.aia.com[8]
- www.aia.com.hk[9]
- www.aia.com.hk[10]
- www.aia.com.hk[11]
- www.aia.com.hk[12]
- www.aia.com.sg[13]
- www.aia.com.sg[14]
- www.aia.com.sg[15]
- www.aia.com[16]
- www.aia.com[17]
- AIA Group Limited — Presentation (2025 Y)
- www.aia.com[19]
- www.aia.com[20]
- www.aia.com[21]
- AIA Group Limited — Additional data (2025 Y)[22]
- AIA Group Limited — Full financial report (2026 H 1)[26][27]
- www.aia.com[29]
- www.aia.com[30]
- www.aia.com[31]
- www.aia.com[32]
- www.aia.com[33]
- www.aia.com[34]
- www.aia.com[35]
- www.aia.com[36]
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