Showing 1-10 of 17 results
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Pension products in need of a rejig
Business, Darana Chudasri, Published on 19/02/2021
» Pension insurance products need to be revamped to tap an ageing population and provide customers with enough savings to maintain their lifestyles during retirement, says Sara Lamsam, president of the Thai Life Assurance Association (TLAA).
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Markets at the tip of your fingers
Business, Darana Chudasri, Published on 31/07/2021
» For Chonladet Khemarattana, chief executive officer and co-founder of Robowealth, a Thai wealth tech startup and mutual fund brokerage, it's always the small pieces that make the big picture.
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MTL alert to demographic time bomb
Business, Darana Chudasri, Published on 05/07/2021
» Muang Thai Life Assurance (MTL) has rejigged its organisational structure to prepare for Thailand's transition towards an increasingly ageing society, viewed by the company as an economic time bomb.
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Life premiums gain 3.25% to B196bn in first 4 months
Business, Darana Chudasri, Published on 04/06/2021
» Total life insurance premiums grew 3.25% year-on-year to 196 billion baht in the first four months this year, thanks to 41.7% growth in single premiums requiring buyers to make a one-time payment.
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MTL keeps CLMV push up as Thais age
Business, Darana Chudasri, Published on 10/12/2020
» Muang Thai Life Assurance (MTL) is continuing its aggressive move into the Cambodia, Laos, Myanmar, Vietnam and Thailand (CLMVT) region to acquire a larger market with a more balanced demographic profile, as Thailand becomes a full-fledged ageing society in 2021, said Sara Lamsam, MTL's president.
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Sompo clinches CIMB deal
Business, Darana Chudasri, Published on 31/10/2020
» Sompo Insurance Thailand, a non-life subsidiary of Japanese insurer Sompo Holdings, has clinched a 15-year exclusive bancassurance deal with CIMB Thai Group, aiming to raise its gross written premiums (GWP) by 1 billion baht next year.
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Office of the Insurance Commission readies rule reform scheme
Business, Darana Chudasri, Published on 10/09/2020
» The Office of the Insurance Commission (OIC) is implementing a regulatory reform plan to buffer the insurance industry against future risks through digitalisation and public insurance literacy.
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OIC promotes tech investment
Business, Darana Chudasri, Published on 03/10/2019
» Investment in technology is a must for insurance companies to integrate new technologies, artificial intelligence (AI) and health tech to deal with challenges from changes in demography, technology and external volatility, says the Office of the Insurance Commission (OIC).
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Savings fund a priority as nation ages
Business, Darana Chudasri, Published on 07/04/2014
» The next government is being urged to accelerate the establishment of a National Savings Fund and impose mandatory provident funds to bolster savings for the ageing population.
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Life assurers report 5% growth in first half
Business, Darana Chudasri, Published on 01/08/2018
» Life assurance businesses reported 5% growth in total premiums for the first half, driven mainly by bancassurance and insurance agents, says the Thai Life Assurance Association (TLAA).
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