AIA Group Posts Upbeat 2012 Profit

AIA Group AAGIY reported an 89% surge in its 2012 net profit. AIA Group's new business value rose to US$1.19 billion, from US$932 million, in the year-ago period. Its net profit jumped to $3.02 billion from US$1.60 billion, beating analysts' estimates of US$2.639 billion. AIA Group shares closed at $16.40 yesterday.