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<Results>AIA 1Q VONB USD1.757B, Beating Forecast, Up 17%/ 13% YoY on Actual/ Constant Exchange Rates
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AIA (01299.HK)'s value of new business (VONB) for 1Q ended 31 March 2026 amounted to US$1.757 billion, above 3 brokers' forecasts as summarized by our reporters of US$1.581-1.751 billion, up 13%/ 17% YoY on constant exchange rates (CER)/ actual exchange rates (AER), as announced by AIA.

VONB margin reached 56%, down 1.8 ppts on CER and 1.5 ppts on AER. Annualized new premiums (ANP) amounted to US$3.152 billion, up 16% on CER and 20% on AER.

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