New Business Profit Growth
New business profit grew by 11% to $3.1 billion, in line with 2024 guidance.
Increased Dividends and Share Buyback
Dividends per share increased by 13%, and a $2 billion share buyback program was launched, representing 8% of outstanding stock.
Agency Channel Expansion
4,000 more agents activated in the second half of 2024, with an emphasis on quality recruitment and tech-enabled productivity.
Strong Performance in Asian and African Markets
Significant opportunities identified due to growing demand for long-term savings and protection products.
Health Insurance Joint Venture in India
Plan to establish a joint venture with HCL Group to build a stand-alone health insurance business.