AIA Group Limited

Overview

AIA Group Limited is a Hong Kong-listed life and health insurer operating across 18 Asia-Pacific markets. Established in Shanghai in 1919, it provides individuals with life, accident and health insurance and savings plans, and offers businesses employee benefits, credit life insurance and pension services. Its presence includes Mainland China, Hong Kong, Thailand, Singapore, Malaysia and India.[1][2]

AIA states its purpose as helping people live “Healthier, Longer, Better Lives.” As indicators of scale, it reported more than 44 million individual policies and US$21.6 billion in insurance revenue in 2025.[3]+2 [1]+4

Products & services

AIA offers life, accident and health insurance, and savings plans. For corporate clients, it provides employee benefits, credit life insurance and pension services.[6] Its insurance products include participating policies that combine protection and savings, with potential dividends or bonuses; universal life policies with an interest-credited account balance and a death benefit that customers may vary; and unit-linked policies focused on savings, sometimes with protection.[7]

Health offerings vary by market. In Hong Kong, OptimaCEO covers hospital and outpatient surgery treatment and uses a selected provider network; Health Wallet encourages use of that network, while Signature Healthcare Circle provides a health concierge service.[8] In Malaysia, A-Plus Health combines medical coverage with flexible cost-saving options and a Health Wallet that rewards healthier choices.[9] AIA Vitality adds a wellness component to AIA’s propositions, supporting preventive care, chronic-disease management and rehabilitation.[10] [6]+6

Geographic presence

AIA Group operates across 18 markets and territories in Asia. It reports Mainland China, Hong Kong, Thailand, Singapore and Malaysia separately; its Other Markets segment comprises Australia, Cambodia, India, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China) and Vietnam. The Hong Kong segment also includes Macau, while the Singapore segment includes Brunei.[11][12]

In 2025, AIA reported insurance revenue of US$21.6 billion. Hong Kong accounted for US$5.3 billion (24.6%), Other Markets US$5.1 billion (23.4%), Mainland China US$3.5 billion (16.0%), Singapore US$2.8 billion (13.1%), Thailand US$2.8 billion (13.0%) and Malaysia US$2.1 billion (9.9%). These are reported segments rather than separate revenue figures for every market in which AIA operates.[13] AIA lists a corporate address at AIA Central in Hong Kong.[14] [11]+9

Business segments

AIA reports its operating segments by geography: Mainland China, Hong Kong (including Macau), Thailand, Singapore (including Brunei), Malaysia and Other Markets, plus Group Corporate Centre. Each geographic segment provides life, accident and health insurance and savings plans in its local market and distributes related investment and financial-services products. Other Markets combines operations in Australia, Cambodia, India, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan and Vietnam; Group Corporate Centre covers corporate functions, shared services and intragroup eliminations.[15]

Based on 2025 insurance revenue, Hong Kong contributed approximately 25% of the geographic total, Other Markets 23%, Mainland China 16%, Singapore 13%, Thailand 13% and Malaysia 10%. The profit mix differs: Hong Kong accounted for about 39% of group operating profit after tax, Mainland China 24%, Thailand 17%, Singapore 10%, Other Markets 9% and Malaysia 6%; Group Corporate Centre recorded a loss, equivalent to roughly 4% of group operating profit after tax.[13] [15][13]

Company history

AIA traces its origins to an insurance agency established by Cornelius Vander Starr in Shanghai in 1919. In 1931, a predecessor company, INTASCO, opened branches in Hong Kong and Singapore. INTASCO moved its head office to Hong Kong in 1947, the year Philam Life was founded in the Philippines.[16]+2

After a reorganisation prompted by its then-parent AIG’s 2008 liquidity crisis, AIA Group listed on the Hong Kong Stock Exchange in 2010.[19][20] Its later expansion included the acquisition of ING’s Malaysian insurance business in 2012 and the commencement of business in Sri Lanka through the acquisition of Aviva NDB Insurance in 2013. In 2017, AIA announced an agreement to acquire Commonwealth Bank of Australia’s life-insurance businesses in Australia and New Zealand, alongside long-term distribution agreements.[21]+2 [16]+7

Sources

• AIA Group Limited — Full financial report (2025 Y)
  8 citations

  [1][3][4][5][10][12][13][15]
• AIA Group Limited — Full financial report (2024 Y)
  5 citations

  [2][6][7][8][9]
• AIA Group Limited — Partial financial report (2025 Y)[11]
• AIA Group Limited — Press release (2025 Y)[14]
• AIA Group Limited — Full financial report (2017 Y)
  7 citations

  [16][17][18][19][20][22][23]
• AIA Group Limited — Full financial report (2015 Y)[21]