AIA Group Limited has successfully completed a capital investment in China Post Life Insurance to support its growth strategy in the competitive life insurance market in mainland China.

Target Information

AIA Group Limited (the "Company") has successfully completed a capital investment in China Post Life Insurance Co., Ltd. ("China Post Insurance"). This investment, approved by the Beijing Regulatory Bureau of the National Financial Supervisory Administration, aims to support China Post Insurance in achieving profitable growth within the competitive life insurance market in mainland China.

Since AIA's initial investment, China Post Insurance has undergone significant business transformation, aided by dedicated professional support from AIA's team. The strategic shift towards offering long-term savings and protection products has yielded substantial success, with the new business value reaching RMB 9.9 billion in 2024, representing a 5.3-fold increase over the performance recorded in 2020, prior to AIA's involvement.

Industry Overview in China

China is home to the second-largest life insurance market globally, presenting immense long-term growth opportunities. The industry has experienced remarkable expansion in recent years, driven by a gr