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Search Result for “bancassurance”

Showing 1 - 5 of 5

THAILAND

Generali Thailand Announces Strong Business Performance in 2025

Published on 22/04/2026

» Generali Thailand reinforces its strong business performance under the strategy “LIFETIME PARTNER 27: DRIVING EXCELLENCE”, achieving gross written premiums of THB 16.1 billion, representing a growth of 22%. The company continues to accelerate excellence by strengthening three core pillars: Distribution, Customer, and People to drive sustainable growth, while navigating global challenges including geopolitical risks, inflation, economic volatility, and health-related risks.

THAILAND

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.

THAILAND

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%. 

THAILAND

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. 

THAILAND

Krungsri Partners with MST Insurance Service

Published on 05/08/2024

» Krungsri (Bank of Ayudhya PCL), a member of Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial group and one of the world’s largest financial organisations, announced a partnership with MST Insurance Service Co., Ltd., one of the largest insurance agents in Japan, to enhance insurance brokerage services for Japanese corporates operating in Thailand. This partnership leverages Mitsubishi UFJ Financial Group's (MUFG) extensive network to provide comprehensive insurance solutions tailored to the needs of Japanese businesses in Thailand.