AIA Group reports strong Q4 2024 financial growth
AIA Group Limited reported strong financial results for Q4 2024, with key metrics showing double-digit growth. The value of new business rose 18% to a record $4.7 billion, and operating profit after tax increased by 12% per share. The company's embedded value equity grew to $71.6 billion, reflecting a 9% increase per share. AIA also generated $6.5 billion in returns to shareholders, leading to a recommended 10% increase in the final dividend per share. Additionally, AIA announced a new share buyback program worth $1.6 billion, aligning with its capital management strategy.