AIA Group looks to establish life insurance asset management company in China

FILE PHOTO: AIA Group logo is pictured on a smartphone in front of an electronic display showing the same logo in this illustration taken December 4, 2021. REUTERS/Dado Ruvic/Illustration
HONG KONG : Asia-focused insurer AIA Group is actively looking at establishing a life insurance asset management company in china, its CFO told Reuters during an interview following its half-year results.
The unit, once set up, will mainly manage the insurer's proprietary assets, according to the CFO, who did not give a timeline for the initiative.