Showing 1-10 of 137 results
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Axa turns to M&A deals to generate Thai growth
Business, Nareerat Wiriyapong, Published on 17/04/2024
» Axa Thailand General Insurance, a unit of the French multinational, is exploring merger and acquisition opportunities to help grow its presence in the highly fragmented non-life insurance industry here, says chief executive Claude Seigne.
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AIA posts new record of B24.9bn in value of new business
Business, Nareerat Wiriyapong, Published on 10/04/2024
» AIA Thailand, a subsidiary of the Hong Kong-based multinational insurer, has devised a new strategy and a healthcare product to offer protection to Thais aged up to 99 years, aiming to maintain its leading position in Thailand's life insurance industry and ensure strong future growth.
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Allianz targeting premiums worth B41bn
Business, Nareerat Wiriyapong, Published on 19/03/2024
» Allianz Ayudhya Assurance, Thailand's leading life insurer, aims to increase its gross written premiums (GWPs) by 13% to 41 billion baht this year, thanks to an expansion of its agent network, focusing on health and unit-linked insurance products, and the launch of new services.
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Allianz unit eyes 20% growth in corporate business
Business, Nareerat Wiriyapong, Published on 16/03/2024
» As the insurance industry expands, with new players entering the market and novel products being launched to capture consumer interest, insurance firms in Thailand have developed strategies to drive business growth.
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Insurance expected to flourish driven by auto, health policies
Business, Nareerat Wiriyapong, Published on 20/02/2024
» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.
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K-Research calls for more stimulus steps
Business, Nareerat Wiriyapong, Published on 13/02/2024
» Thailand is not at risk of deflation but the economy needs additional government measures to stimulate domestic consumption as geopolitics, China's slowdown and the baht's fluctuation pose challenges to economic growth this year, says Kasikorn Research Centre (K-Research).
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Bourse touts promising trio
Business, Nareerat Wiriyapong, Published on 07/02/2024
» Healthcare, tourism and food stocks still hold great potential for investors and for the Stock Exchange of Thailand (SET) to woo other companies operating in these sectors to list on the bourse, although the overall index has yet to fully recover from a significant drop last year, according to SET executives.
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MTL sets out plans to expand overseas
Business, Nareerat Wiriyapong, Published on 30/01/2024
» Muang Thai Life Assurance (MTL) is planning to make investments in medical treatment businesses this year while there are also plans to expand its presence overseas under the company's strategy to become a regional insurer, said president and chief executive Sara Lamsam.
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Thailand ESG funds target B10bn investment this month
Business, Nareerat Wiriyapong, Published on 09/12/2023
» Sixteen local asset management companies launched 22 Thailand ESG (TESG) funds yesterday, with the authorities and brokerages estimating the tax-saving long-term funds could attract roughly 10 billion baht in investment this month.
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Analysts downgrade Thai GDP growth outlook for 2023
Business, Nareerat Wiriyapong, Published on 22/11/2023
» Analysts have downgraded Thailand's economic growth forecast for 2023 after data indicated a much lower third-quarter GDP expansion than expected while there are uncertainties surrounding the controversial digital wallet policy.
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