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BUSINESS

No windfall from rural flight

Business, Charoen Kittikanya, Published on 04/04/2013

» Private hospitals expect to reap little benefit from rural doctors quitting the public sector over the pay-for-performance system introduced by the Public Health Ministry.

BUSINESS

AXA back on track after 2011 floods

Business, Charoen Kittikanya, Published on 22/04/2013

» MUKDAHAN : AXA Insurance Plc expects earnings to return to normal levels this year after the massive floods in late 2011 forced it to restructure capital in 2012, said CEO Kheedhej Anansiriprapha.

BUSINESS

AIA set to diversify investments abroad

Business, Charoen Kittikanya, Published on 06/03/2013

» American International Assurance (AIA), Thailand's largest life insurer, is looking to expand offshore investments to 15-20% of its massive investment portfolio, a move it claims will help to diversify investment risks.

BUSINESS

Floodwaters recede

Business, Charoen Kittikanya, Published on 22/03/2013

» More than a year after devastating floods in late 2011 that cost more than US$10 billion in insurance losses and $40 billion in overall losses, Thailand's insurance market has recovered, with foreign reinsurers willing to accept more flood peril risk.

BUSINESS

Muang Thai Life anxious to expand abroad

Business, Charoen Kittikanya, Published on 11/02/2013

» Muang Thai Life Assurance Plc wants to expand into neighbouring countries to capitalise on a broader market driven by regional economic integration over the next three years.

BUSINESS

Newly profitable ALife likes rich customers

Business, Charoen Kittikanya, Published on 12/02/2013

» Advance Life Assurance, a mid-sized life insurer focused on white-collar workers and high-net-worth customers, expects to clear its accumulated losses of 700-800 million baht over the next three to five years as the business expands.

BUSINESS

Muang Thai to expand through new channels

Business, Charoen Kittikanya, Published on 04/02/2013

» CHIANG RAI : Muang Thai Life Assurance Plc has set its sights on increasing gross premiums to over 50 billion baht this year through a larger distribution network which covers alternative channels such as department stores and hospitals.

BUSINESS

Pension policies perfect for Tokio Marine

Business, Charoen Kittikanya, Published on 07/02/2013

» Tokio Marine Life Insurance (Thailand) expects pension and annuity policies plus strong agency channels will be crucial to boosting premiums by 25% this year after securing a compound annual growth rate of 20.81% over the last four years.

BUSINESS

Azay chases new local challenge

Business, Charoen Kittikanya, Published on 18/09/2012

» On the back of changing its shareholding structure, Allianz Ayudhya Assurance (Azay) is chasing a new mission _ to become No.2 in the insurance industry over the next three to five years, partially boosted by mergers and acquisitions.

BUSINESS

SOS ready for more rescues

Business, Charoen Kittikanya, Published on 08/10/2012

» International SOS is revving up plans to promote Thailand as a subregional centre for medical assistance and evacuations in a move to capitalise on the country's promising growth under Asean economic integration.