Life insurer AIA Vietnam continued to post up positive business results in the fiscal year 2012 despite uncertainties of the local insurance market.
The insurer reported a 24pct rise in value of new business and a 17pct increase in total premiums compared to the previous year. Its embedded value also jumped a total 34pct and the total insurance benefits payment grew up to 58pct.
Stephen Clark, CEO of AIA Vietnam, commented that 2012 was a year filled with uncertainty of the local and global economy. These figures were the result of retentless efforts of its agents and employees during the past time.
Customer focus, competitive products and professional agents are the fundamental factors to help AIA Vietnam quickly achieve the goal of becoming the preferred life insurance company in Vietnam in the near future, Clark said in a statement released on Monday.