,March 12 - Insurer AIA Group Ltd said onFriday new business value dropped 33% last year, the firstannual fall since its 2010 listing in Hong Kong, weighed bylower demand for new policies during the COVID-19 pandemic. AIA's value of new business (VONB), which measures expectedprofits from new premiums and is a key gauge for future growth,fell to $2.77 billion in 2020, from $4.15 billion a yearearlier, according to its earnings statement. REUTERS
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