AIA: Middle East risk exposure accounts for a single-digit percentage of the group, which is extremely low.

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Iran conflict continues. AIA Group’s Chief Investment Officer, Mark Konyn, said that the company has no business or investments in Iran, and its exposure to Middle Eastern risks accounts for only a very small percentage of the group’s total. The investment portfolio remains quite stable so far.

He also mentioned that recent capital markets have been somewhat optimistic about geopolitical developments, generally viewing short-term fluctuations. AIA has not made large-scale adjustments to its investment portfolio, and most assets are long-term fixed income investments. Even investments in the Middle East are mostly investment-grade and backed by sovereign assets.

Konyn emphasized that AIA has a strict investment strategy framework, continuously stress-testing against extreme adverse scenarios. The company will closely monitor the impact of geopolitical developments on global inflation and the U.S. economy to ensure its balance sheet remains robust.

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