Half Year 2021 AIA Group Ltd Earnings Call Transcript
Good morning, everyone, and welcome to our 2021 interim results presentation. We hope that you and your families are safe and well. I want to start by thanking AIA's outstanding people for their dedication and professionalism, helping our customers navigate uncertainty with uninterrupted support while embracing new ways of working.
The increasing demand for our products and new business momentum that has been building since last year has continued, driving our strong performance in the first half. I will now take you through the highlights.
In the first 6 months of 2021, we delivered growth in all our key financial metrics. VONB, our leading growth indicator, was up by 22% to over USD 1.8 billion, demonstrating the power of AIA's unrivaled distribution and product platforms. Our large and growing in-force portfolio supported increases in operating profit after tax and underlying free surplus generation. Both EV Equity and shareholders' allocated equity reached record highs, and our capital
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