0254 GMT - AIA Group could be on track to surpass consensus estimates, say Jefferies analysts in a note. The 13% rise in the insurer's new business value in 1Q surprised the analysts as they expected a high base in the Thai market to weigh on overall growth. China and Hong Kong, AIA's two largest markets, delivered growth in excess of 20% this quarter, the analysts add. Consensus projections place AIA's full-year growth at 14%, they note. "If we assume that the underlying momentum persists for the rest of the year, AIA appears to be on track to materially exceed consensus," they add. Jefferies retains a buy rating and HK$97.00 target price on AIA, which is down 0.1% at HK$84.90. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
April 29, 2026 22:54 ET (02:54 GMT)
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