AIA Group
AIA Group Limited, often known as AIA (Chinese: 友邦保險; pinyin: Yǒubāng Bǎoxiǎn; Jyutping: Jau5 bong1 bou2 him2), is a Hong Kong-based multinational insurance and finance corporation. It is the largest publicly listed life insurance group in Asia-Pacific. It offers insurance and financial services, writing life insurance for individuals and businesses, as well as accident and health insurance, and offers retirement planning, and wealth management services, variable contracts, investments and securities.
Headquarters at AIA Central in Hong Kong | |
Native name | 友邦保險控股有限公司 |
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Company type | Public |
Traded as | SEHK: 1299 Hang Seng Component |
Industry | Insurance and financial services |
Founded | 19 December 1919 in Shanghai (as American Asiatic Underwriters, later known as AIG) 1 December 2009 in New York City (as American International Assurance Company, Limited) |
Founder | Cornelius Vander Starr |
Headquarters | AIA Central Central, Hong Kong |
Area served | Asia-Pacific |
Key people | Lee Yuan Siong (President & CEO) |
Products |
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Total assets | US$284 billion (as of 31 December 2019) |
Website | aia |
AIA is headquartered in Central, Hong Kong, with a presence in 18 markets in Asia-Pacific, with wholly-owned branches and subsidiaries in Hong Kong, mainland China, Taiwan, Macau, South Korea, Singapore, Thailand, Malaysia, the Philippines, Indonesia, Vietnam, Brunei, Cambodia, Myanmar, Australia, New Zealand, Sri Lanka and a 49% joint venture in India. Since 2013, AIA has had an exclusive bancassurance agreement with Citibank that encompasses 11 AIA markets in Asia-Pacific.
In August 2013, AIA became the official shirt partner of the English Premier League football club Tottenham Hotspur. AIA's contract with Tottenham was renewed in May 2017 to extend through the 2021–22 Premier League season, and again in July 2019 to extend that date to the end of the 2026–27 season.
In February 2019, AIA became the league main sponsor of the Singapore Premier League in which AIA inked a two-year deal and the insurance group's logo will be emblazoned on the back of the jerseys of all the league clubs. On 21 March 2021, AIA extends the title sponsorship for Singapore Premier League where AIA will remain the league’s main sponsor until the end of the 2022 season, with an option to extend the contract for another three years. As part of the sponsorship, the league will give out the 'AIA Player of the Month' and 'AIA Young Player of the Month' awards during the league season. These awards complement the 'AIA Player of the Year' accolade, which is bestowed at the end of every season.