AIA Group Limited declared final dividend of HK 24.67 cents per share for the year ended November 30, 2012 at its AGM held on May 10, 2013.

AIA Group Limited reported operating and revenue results for the first quarter ended February 28, 2013. For the quarter, the company reported value of new business (VONB) of $291 million against $232 million for the same period in the last year. The company’s strategic focus continues to be on creating shareholder value and returns for its policy holders. The company achieved this by optimizing volume and margin mix to deliver sustainable growth in VONB, which is its primary performance measure for the group. As a consequence, VONB grew by 25% for the first quarter of 2013 compared with the first quarter of 2012. Total weighted premium income was $4,177 million against $3,599 million for the same period in the last year.

AIA Group Limited announced that Huynh Thanh Phong, one of AIA’s Regional Chief Executives, has decided to pursue an opportunity outside the insurance industry. Regional Chief Executives Gordon Watson and Ng Keng Hooi will take over Phong’s country responsibilities.