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AIA Profitability Gauge Grows on Stronger Sales in Hong Kong
AIA Group Ltd. reported strong growth in new business value in the first half of the year, underpinned by insurance sales in Hong Kong.
The measure of future profitability of new policies sold rose 16% to $2.84 billion in the six months, from $2.46 billion a year earlier, the Hong Kong-based insurer said in a statement on Thursday. The board increased its interim dividend by 10% to 49 Hong Kong cents per share.