Li Yuan Siong
Group CEO and President
Replay available
Aia Group Ltd S/Adr (OTC: AAGIY) Q2 2026 earnings conference call, held 2026-08-20. Replay captured from the company's public earnings webcast.

Meeting Overview The meeting focused on AIA's 2026 Interim Results, highlighting strong financial performance with double-digit growth across key metrics. Key topics included the growth of new business, operating profit, and the company's strategic initiatives that have led to increased shareholder value. Key Discussion Points - AIA reported a 10% increase in the value of new business, reaching a record high of $3.2 billion. - Operating profit after tax increased by 13%, resulting in a record operating return on equity (ROE) of 17.5%. - The Board declared a 10% increase in the interim dividend per share. - Strong growth was observed across all distribution channels, excluding Thailand. - AIA's Premier Agency contributed significantly to growth, accounting for 72% of Group VOMB. - The company emphasized the importance of technology and AI in enhancing agent productivity and customer engagement. - Partnership VOMB grew by 18%, driven by strong performances in Bank Assurance and broker...
Group CEO and President
Group CFO
Chief Investor Relations Officer
Analyst, Goldman Sachs
Regional Chief Executive, Hong Kong & Macau
Regional Chief Executive, AIA China
Regional Chief Executive, ASEAN
Regional Chief Executive, India
Analyst, UBS Securities
Analyst, CLSA
Analyst, J.P. Morgan
Research Analyst, City Research
Analyst, CJSI Securities
Analyst, Morgan Stanley
Speaker 1: Good morning, and thank you for joining AIA's 2026 Speaker 1: Interim Results presentation. Speaker 1: We have delivered a strong set of results with double-digit growth across our key financial metrics. Speaker 1: Value of new business increased by 10% Speaker 1: to a record high of $3.2 Speaker 1: billion. Speaker 1: We saw growth across all distribution channels Speaker 1: and reportable segments excluding Thailand, Speaker 1: which had an exceptionally Speaker 1: high comparative Speaker 1: as previously disclosed. Speaker 1: Underlying VOMB growth was 14%, Speaker 1: adjusting for Thailand. Speaker 1: AIA's consistent delivery of high-quality Speaker 1: new business Speaker 1: has accelerated Speaker 1: growth in earnings. Speaker 1: Operating profit after tax of $4.2 Speaker 1: billion Speaker 1: was up 13% Speaker 1: per share, driving a record operating ROE of 17.5%. Speaker 1: And we now expect to exceed Speaker 1: our 9-11% Speaker 1: OPEC per share CAGR target over 2023 Speaker 1: through 2026. Speaker 1: Operating cash generation Speaker 1: grew strongly, Speaker 1: with underlying free surplus generation Speaker 1: up 10 per share Speaker 1: and net free surplus generation Speaker 1: up 12% per share. Speaker 1: The Board has declared a 10% increase in the interim dividend per share. Speaker 1: These results Speaker 1: demonstrate Speaker 1: that our strategy is working as intended. Speaker 1: We are growing fast, Speaker 1: returning substantial cash to shareholders, Speaker 1: generating higher returns on equity, Speaker 1: and maintaining a resilient balance sheet with low leverage. Speaker 1: Sustained over time, that combination is the key driver of long-term Speaker 1: value creation. Speaker 1: Our strong results are underpinned Speaker...