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Find out moreAIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group.
AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia-Pacific, AIA serves the holders of 32 million individual policies and over 16 million participating members of group insurance schemes.
The business that is now AIA was first established in Shanghai almost a century ago in 1919. It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets.
They have a presence in 18 markets in Asia-Pacific – wholly-owned branches and subsidiaries in Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, Cambodia, a 97 per cent subsidiary in Sri Lanka, a 49 per cent joint venture in India and a representative office in Myanmar.
AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”). As of 30 June 2018, it had total assets of US$221 billion.
In December 2018, the global insurer teamed up with digital healthcare platform provider, My Doc, to introduce online health screening results of AIA Vitality members in Singapore, a first-of-its-kind offering for the insurer.
In November 2019 the company won the annual TDI Livefest Global insurance Innovation Award for Fusion, its new underwriting engine. The new solution combines human knowledge with machine analytical and processing power, data and bots, aiming to tackle the 30% year-on-year increase in demand for insurance in Asia.
AIA announced a regional partnership with healthtech startup Holmusk in August 2020. Holmusk will provide access to its digital health coaching and network of nutritionists, further enhancing AIA's weight management and chronic disease management solutions.
In December 2020 ZA Tech partnered with AIA Group on Technology in order to help AIA accelerate its efforts on digital across Life, Health and P&C. The first products are to be released in Malaysia.
In February 2022 it was revealed that Discovery Health will partner with Dubai-based AIA Group to launch a new joint health startup business, Amplify Health, which will operate in Asia, excluding China, Hong Kong and Macau. Discovery will own 25% of the JV's equity with AIA owning the remaining balance. Amplify Health will focus on improving operational and claims processes for AIA, and will help it focus on the ageing population in Asia.
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