Showing 1 - 10 of 268
Generali Thailand Targets Growth with Customer FIRST Strategy
Published on 16/09/2025
» Generali Thailand is reinforcing its commitment on customer value, wider distribution and people development as it pursues growth in a challenging landscape marked by an ageing population, rising living costs and rapid technological change. Chief executive Arsh Kaumi said Thailand remains a strategic market in Southeast Asia with a mature, well-developed insurance sector, but one where protection gaps are widening—especially for retirees and those approaching retirement. Many Thai seniors are finding their savings depleted roughly a decade into retirement, underscoring the need for long-term financial planning.
SCB trims retail banking unit amid debt avalanche
Business, Somruedi Banchongduang, Published on 13/09/2025
» Siam Commercial Bank (SCB) is scaling back its retail banking business in response to the country's elevated household debt and the adoption of artificial intelligence (AI).
Kasikornbank scraps key profit target amid weak economy
Published on 02/09/2025
» Kasikornbank Plc abandoned a key earnings target on concerns that the already weak Thai economy may deteriorate further, denting loan demand and increasing defaults.
Thai life insurance posts sturdy growth
Business, Nuntawun Polkuamdee, Published on 06/08/2025
» The Thai Life Assurance Association (TLAA) forecasts steady growth for the industry in the second half of the year, driven by resilient consumer demand and long-term demographic trends.
Prudential Thailand highlights wealth transfer needs of affluent families
Published on 23/05/2025
» With a strong and strategic focus on Asia, UK-based multinational insurer Prudential Group is pursuing double-digit annual growth in Thailand through 2027. Its local unit, Prudential Thailand, plans to achieve this target in part by expanding services tailored to high-net-worth (HNW) individuals, according to chief executive Bundit (Kenny) Jiamanukoonkit.
Bangkok Life Assurance Unveils 2025 Business Direction
Published on 11/04/2025
» Bangkok Life Assurance Public Company Limited (BLA) has announced its strategic direction for 2025, building on strong performance in the previous year. With premium growth across all distribution channels, the company now introduces a comprehensive 6Ps corporate strategy under the theme ‘2025: The Year of Care’, reaffirming its vision to become “The Most Caring Brand” and promoting sustainable well-being for Thai society.
Bangkok Life Assurance and Bangkok Bank Unveil New Gain1st Plan
Published on 26/03/2025
» Bangkok Life Assurance, in collaboration with Bangkok Bank, has introduced a new savings insurance plan, Gain1st Savings 10X 15/10, designed for working professionals, including mid-to-senior executives and young business owners seeking financial stability through strategic planning. The plan features a 10-year premium payment period with 15 years of coverage, annual cash benefits of 10% of the sum assured, and a lump-sum payout upon maturity. It also provides life insurance coverage up to 1,050% of the sum assured, with accidental death benefits doubled—offering total benefits of up to 2,100%.
Allianz sets out major Thai expansion plans
Business, Nuntawun Polkuamdee, Published on 04/03/2025
» The Thai unit of German insurer Allianz plans to expand its life and general insurance premiums by double digits this year, following resilient results in 2024, with a focus on strengthening the distribution channels.
Industry forecast to increase 2-3% in 2025
Business, Nuntawun Polkuamdee, Published on 21/02/2025
» Thailand's insurance industry is projected to grow by 2-3% this year, driven by increasing public awareness of rising medical inflation, an ageing society and the extension of the health insurance coverage age to 80, says the Thai Life Assurance Association (TLAA).
BLA Reports Strong 42% Profit Growth in 2024
Published on 20/02/2025
» Bangkok Life Assurance Public Company Limited (BLA) has announced its financial performance for the fourth quarter of 2024, reporting a net profit of THB 954 million, representing a remarkable 166% year-on-year growth. This increase was driven by first-year premium income of THB 2,014 million, up 28%, primarily attributed to a 43% growth in bancassurance channel sales. As a result, the company achieved a full-year net profit of THB 3,623 million, a 42% increase from the previous year. The Board of Directors has approved a dividend payout of THB 0.68 per share for 2024, amounting to a total dividend distribution of THB 1,159 million.