AIA posts profit of MOP387.4 mln for 2013

By
Superuser

American International Assurance Co (Bermuda) LtdÂ’s Macau branch has posted a profit of 387.4 million patacas for 2013.
According to the group’s final year results published in yesterday’s Official Gazette, AIA Macau launched ‘The Real Life Company’, marking a new position. The company will also continue with its ‘premium agency’ strategy and investing in the training of a growing number of financial consultants who will, in turn, become members of the ‘Million Dollar Round Table’ (MDRT) according to the report out yesterday.
‘Our strategy is to expand our reach to the community through a strong and professional team of financial advisors. Our aim is to build a “best in class” agency within the industry,’ the report reads.
AIA Macau – the market leader since the Monetary Authority began publishing records in 2003 – had a life insurance premium income of 1.83 billion patacas last year, taking 36.9 percent of the market.
S.F.