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Saturday, March 7, 2009

A FACT SHEET ISSUED BY AIA BERHAD.

AIA Berhad, as a locally incorporated company under the Insurance Act 1996, has issued a fact sheet which covers its financial position for the financial year ended 30 November 2008.

For the financial year ended 30 November 2008:
  • Total assets as at 30 November 2008 was in excess of RM 17 billion of which more than 97 % of the invested assets are in Malaysia.
  • Profit before tax was RM 428 million.
  • Surplus above the solvency margin requirement as at 30 November 2008 was RM 2.3 billion.
  • Capital Adequacy Ratio as at 30 November 2008 under the Risk-Based Capital Framework was 266 %, well above the regulatory minimum of 130 %.

March 3, 2009

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