Environmental, Social and Governance | AIA Group Limited (2024)

FAQs

Is AIA owned by AIG? ›

AIA was formerly AIG's Asian operations, but AIG sold off its holdings of AIA shares when AIA went public on the main board of the Hong Kong Stock Exchange in 2010, raising about $20.5 billion. This was the third largest-ever IPO globally at the time. Mark Tucker became CEO in 2010.

Our data shows that Capital Research and Management Company is the largest shareholder with 7.4% of shares outstanding. In comparison, the second and third largest shareholders hold about 6.1% and 4.0% of the stock.

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 ...

ESG stands for “Environmental, Social and Governance.” ESG can be described as a set of practices (policies, procedures, metrics, etc.) that organisations implement to limit negative impact or enhance positive impact on the environment, society, and governance bodies.

The AIG bonus payments controversy began in March 2009, when it was publicly disclosed that the American International Group (AIG) insurance corporation was going to pay approximately $218 million (~$301 million in 2023) in bonus payments to employees of its financial services division.

1 in CLOs With AIG's $3.6 Billion Deal. Blackstone Inc. has agreed to acquire insurance firm American International Group Inc.'s $3.6 billion collateralized-loan obligation assets, according to people with knowledge of the matter.

AIA Group's CEO is Yuan Siong Lee, appointed in Jun 2020, has a tenure of 3.83 years. total yearly compensation is $13.42M, comprised of 12.8% salary and 87.2% bonuses, including company stock and options. directly owns 0.021% of the company's shares, worth HK$108.35M.

Resolution Life Australasia (Resolution Life), a life insurer focused on the acquisition and management of life insurance policies, is pleased to announce that it has completed the acquisition of AIA Australia Limited's Superannuation & Investment life insurance business.

AIA Group Limited has 86.64% upside potential, based on the analysts' average price target. Is AIA Group Limited a Buy, Sell or Hold? AIA Group Limited has a conensus rating of Strong Buy, which is based on 10 buy ratings, 0 hold ratings and 0 sell ratings.

Hong Kong based American International Assurance (AIA) was a member of AIG and it separated from the AIG group in 2009. AIA Group Limited and its subsidiaries (collectively “AIA” or “the Group”) comprise the largest independent publicly listed pan-Asian life insurance group in the world.

What does AIA stand for? ›

The name The American Institute of Architects and the initials (AIA) are registered trademarks. This means that no one has the right to use them to describe any other organization, individuals, or activities connected with the architecture profession without AIA's permission.

Interactive chart of AIA (AAGIY) annual worldwide employee count from 2015 to 2023. AIA total number of employees in 2022 was 25,405, a 10.46% increase from 2021. AIA total number of employees in 2021 was 23,000, a 0% decline from 2020. AIA total number of employees in 2020 was 23,000, a 0% decline from 2019.

Until recently, investors were pouring money into ESG and sustainability funds — roughly $20 billion in 2019, $50 billion in 2020 and $70 billion in 2021, said Alyssa Stankiewicz, who researches ESG funds at Morningstar. And during that period, ESG actually generated better returns than traditional investments.

ESG Risks are those arising from Environmental, Social and Governance factors that a company must address and manage. These risks are a combination of threats and opportunities that can have a significant impact on an organisation's reputation and financial performance.

Companies with a low ESG score are thought to have the worst environmental, social, and governance impacts. Undesirable ESG scores have also been linked to rising poverty levels in the communities where the firm operates, as well as poor employee mental health.

With over 50 years' experience in Australia, AIA operates as a national insurer with the security and financial backing of our parent company, AIA Group. Today, we assist more than 5.7 million Australians with their health and life insurance needs.

Hong Kong based American International Assurance (AIA) was a member of AIG and it separated from the AIG group in 2009. AIA Group Limited and its subsidiaries (collectively “AIA” or “the Group”) comprise the largest independent publicly listed pan-Asian life insurance group in the world.

American General Life Insurance Company is a wholly-owned subsidiary of AGC Life Insurance Company (AGC Life or the Parent), an indirect, wholly-owned subsidiary of American International Group, Inc. (AIG Parent). The Company is a stock life insurance company domiciled and licensed under the laws of the State of Texas.