AIA Group's Third-Quarter New Business Value Falls 5%
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10:26:46 PM UTC
SquawkNews
Hong Kong-based insurer AIA Group HKEX:1299 reported a 5% drop in its third-quarter value of new business (VONB) on Friday, impacted by reduced demand for its insurance products in the Hong Kong and Chinese Mainland markets.AIA's VONB, which gauges expected profits from new premiums and is a key ba…