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Insurer AIA reports a 37% increase in first-half new business value, while GM plans to cut 940 jobs and cease IT operations in Arizona.
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Posted 8/23/2023, 3:32:59 PM
marketscreener.com
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AIA Group's first-half value of new business (VONB) growth exceeded expectations, driven by strong annualized premium increase in mainland China and Hong Kong, leading to solid financial metrics and a progressive dividend policy.