Lance Burbidge | Head, Investor Relations |
Lee Yuan Siong | Group Chief Executive & President |
Garth Jones | Group Chief Financial Officer |
Good morning from Hong Kong and welcome to our 2022 Interim Results Presentation. AIA has delivered a resilient performance and I would like to thank our employees, agents, and partners for their outstanding dedication and professionalism during these extraordinary times. In the first half of 2022, unprecedented outbreaks of the Omicron variant caused temporary disruptions while global capital markets have been extremely volatile in response to the evolving macroeconomic conditions. Throughout our long history, we have successfully navigated periods of uncertainty and change and our unwavering commitment to our customers, our balance sheet strength and financial discipline are important differentiators. Today’s results demonstrate the power of AIA’s substantial competitive advantages, continued focus on executing our growth strategy and the benefits of our scale and diversity in the world’s most attractive region for life and health insurance.
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eased, positive VONB in the measures As momentum growth saw the delivered and June. in containment Group second we quarter strong
billion in half billion Shareholders’ $XX and first billion, the through Our the large we stable stress. strong very paid and of $XX.X buyback. after $X.X increased higher dividends despite was capital this market up portfolio in-force Surplus Operating $X allocated and share shareholders was Tax at broadly Equity remained After and is capital increase equity X% Surplus Free position was growing billion before Free substantially Underlying to EV Generation. supported to of Profit an The Group’s significant and payments in increase shareholders. significant AIA’s prospects, Group’s X% of in The the retaining the unrivalled invest while in declared the to has dividend in return to future Group. us. the their opportunities flexibility positive throughout available of capital robust From Board first our confidence an half. distribution reflecting interim across quarter, of with strong the in growth financial the second markets a the remained the we growth most the disruptions VONB saw has June beginning for momentum to
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and Siong, everyone. morning Yuan good Thanks
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