AIA Philippines traces its origins to life insurance, offering protection against various risks to Filipinos. BPI AIA was formed in 2009 as a strategic partnership between AIA and the Bank of the Philippine Islands, making insurance products more accessible to the bank's clients. AIAIM Philippines is the company's wholly owned fund management subsidiary that manages local funds, while AIA Investment Management Singapore manages global funds. The company's wellness program, AIA Vitality, was launched in 2015 to encourage customers to live healthier lives. MediCard Philippines was acquired by AIA Philippines in 2019, expanding the company's health insurance and healthcare offerings.
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