A Resilient Performance In 2022, Well Positioned For Opportunities In 2023 And Beyond

HONG KONG SAR - Media OutReach - 15 March 2023 -

Performance highlights for the continuing business on a constant (and actual) exchange rate basis¹

• APE sales² up 9 per cent (5 per cent) to $4,393 million with both agency and bancassurance channels delivering APE sales growth in the second half of 2022
• New business profit³ down (11) per cent ((14) per cent) to $2,184 million with the impact of higher volumes being offset by higher interest rates and business mix effects
• Adjusted operating profit⁴ up 8 per cent (4 per cent) to $3,375 million
• EEV operating profit⁵ up 15 per cent (12 per cent) to $3,952 million.