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Search Result for “casualty”

Showing 1 - 10 of 20

BUSINESS

Krungthai Panich Insurance eyes 10% premium growth in 2025

Business, Nuntawun Polkuamdee, Published on 20/12/2024

» Krungthai Panich Insurance (KPI) wants to grow its total premiums by 10% next year amid concerns about rising natural disaster risks, the use of new accounting standards, and risks from electric vehicle (EV) insurance.

BUSINESS

HR issues that boards need to focus on

Business, Sorayuth Vathanavisuth, Published on 19/09/2024

» On May 21, Singapore Airlines flight SQ321 was forced to make an emergency landing at Suvarnabhumi Airport after encountering severe air turbulence that resulted in dozens of injuries and the death of one passenger.

BUSINESS

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.

BUSINESS

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.

BUSINESS

Bankers wary regarding debt

Business, Lamonphet Apisitniran, Nareerat Wiriyapong and Somruedi Banchongduang, Published on 19/02/2024

» The high level of profits posted by the Thai banking sector last year generated a good deal of controversy, with some commentators suggesting interest rates were too high.

BUSINESS

Allianz Ayudhya posts strong Q1 results

Business, Post Reporters, Published on 09/06/2023

» Allianz Ayudhya Assurance recorded strong business growth in the first quarter this year, with annualised new premiums (ANP) surging 21% year-on-year, putting the life insurance firm on track to achieve its gross written premiums (GWP) target of 37.7 billion baht this year.

BUSINESS

Allianz Ayudhya eyes 10% premium gain

Business, Sirinnaree Ongsakul, Published on 25/02/2023

» Life insurance firm Allianz Ayudhya Assurance is aiming for 10% growth of gross written premiums (GWP) this year after posting 34.3 billion baht in 2022 amid challenging headwinds.

BUSINESS

Tiptoeing through the minefield

Business, Post Reporters, Published on 31/12/2022

» 2023 should be the first time in three years Thailand can fully return to normal practices after Covid-19 was downgraded to endemic in October 2022. Yet busineses still need to stay alert to several obstacles on the horizon.

BUSINESS

Allianz sets out plan to add 7m Asian customers

Business, Poonyapat Luenam, Published on 14/07/2022

» Allianz Asia Pacific aims to increase its customers to 18 million by 2025, up from 11 million, by expanding distribution channels and utilising digital solutions to enhance the efficiency of its services.

BUSINESS

GIF seeking loan to handle claims

Business, Wichit Chantanusornsiri, Published on 05/04/2022

» The General Insurance Fund (GIF) is seeking a loan from Government Savings Bank in order to pay Covid-19 claims to policyholders of shuttered non-life insurance companies, says a source at the Finance Ministry who requested anonymity.