AIA Group sees 13% increase in profit

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AIA Group has reported a 13% rise in operating profit after tax for the year ended 30 November 2011 to $1922m.

The Asian insurer recorded a 40% increase in value of new business to $932m, a 22% increase in annualised new premium to $2472m and an embedded value of $27 239m, up by 2491m from $24 748m as at 30

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