Moody’s revises AIA view to positive

Moody's Investors Service said it affirmed the ratings of AIA Group Ltd., including the A3 issuer rating, A3 senior unsecured debt ratings, and provisional A3 senior unsecured medium-term note rating, as well as the Aa3 insurance financial strength ratings of AIA Co. Ltd. and AIA International Ltd.

The outlook was changed to positive from stable.

Moody’s said the change in outlook on AIA Group Ltd. and its subsidiaries (AIA, or the group) to positive primarily reflects the steady improvement and strength in the group's financial profile, particularly its financial flexibility, resilience in earnings against capital-market volatility and a low interest rate environment, and its capitalization.

The action also reflects AIA's sustained strong business profile, including its continuously strong market positions across different Asian markets, its strong distribution capabilities and its low product risk, the agency said.

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