AIA Group

Based in Hong Kong, AIA Group is widely regarded as one of Hong Kong's flagship insurance operators. Its scale — about 24k people, around $42B in turnover — translates into genuine strategic weight across Asia Pacific.

Talent density and engineering culture have become a quiet competitive moat, particularly as the sector consolidates around fewer global champions.

“AIA Group is, in its category, exactly the kind of compounding regional champion the next decade of capital allocation will reward.”

Few catalysts on the horizon look bearish; the central scenario is a continued, controlled compounding story.