AIA is a Hong Kong-listed pan-Asian life group operating through wholly owned branches and subsidiaries, a joint venture in India and a minority holding in China Post Life. Ownership and consolidation differ across those businesses, so market results are not interchangeable.
What to read first
The 2025 annual report is the main source for the group, its markets and accounting perimeter. Results materials explain value-of-new-business and operating measures, regulatory disclosures address the specified group or local scope, and HKEX records identify the two trading counters.
Reporting perimeter and reporting period
AIA reports in U.S. dollars for a calendar year, while local operations transact and regulate capital in their home currencies. Joint-venture and minority interests enter the consolidated record differently from wholly owned subsidiaries.
Official sources and what they establish
Static annual report
- Publisher: AIA Group
- Period: FY2025
- Scope: AIA Group consolidated and disclosed entities/segments
Provides audited statements, group structure, embedded-value reporting, and a group LCSM coverage ratio of 233% at 2025-12-31, with eligible group capital resources of US$81,341 million and group prescribed capital requirement of US$34,949 million.
Full-year results
- Publisher: AIA Group
- Period: FY2025
- Scope: AIA Group consolidated and issuer-defined operating measures
Value of new business was US$5,516 million, operating profit after tax US$7,136 million, underlying free surplus generation US$6,765 million, and shareholder capital ratio 221% at 2025-12-31.
Credit ratings
- Publisher: AIA Group
- Period: Ratings current as 2025-12-04
- Scope: AIA Group Limited, AIA Company Limited, and AIA International Limited separately
Records parent issuer ratings and operating-insurer financial-strength/issuer ratings; for example, AIA Group has an S&P AA-/stable issuer rating while AIA Co. has an S&P AA/stable financial-strength rating. The rating type and opinion apply to the entity named by the agency.
Regulatory disclosures
- Publisher: AIA Group
- Period: Current HKRBC disclosure framework
- Scope: Named Hong Kong-authorized AIA insurers
Explains that HKRBC disclosures for authorized insurers and AIA Group financial statements differ in scope, valuation, and reporting purpose, and identifies the relevant Hong Kong legal entities.
Official company profile
- Publisher: AIA Group
- Period: Current profile
- Scope: AIA Group and pan-Asian market footprint
The FY2025 results profile identifies presence in 18 markets, including a 49% India joint venture.
Exchange/company quote
- Publisher: Hong Kong Exchanges and Clearing
- Period: Current listing
- Scope: AIA Group Limited, stock code 1299
Group, legal-entity and subsidiary boundaries
AIA Group Limited is the listed holding company and consolidated group.
Interpretation notes and limitations
Value of new business and embedded-value measures are not IFRS revenue. Group capital evidence does not replace a local insurer ratio, and market-by-market growth can reflect currency translation. Comparisons require identical exchange-rate, ownership and new-business assumptions.
Related intelligence
Sources and methodology
- Static annual report — AIA Group; FY2025; AIA Group consolidated and disclosed entities/segments.
- Full-year results — AIA Group; FY2025; AIA Group consolidated and issuer-defined operating measures.
- Credit ratings — AIA Group; Ratings current as 2025-12-04; AIA Group Limited, AIA Company Limited, and AIA International Limited separately.
- Regulatory disclosures — AIA Group; Current HKRBC disclosure framework; Named Hong Kong-authorized AIA insurers.
- Official company profile — AIA Group; Current profile; AIA Group and pan-Asian market footprint.
- Exchange/company quote — Hong Kong Exchanges and Clearing; Current listing; AIA Group Limited, stock code 1299.