Thai Life outpaces market with first-year premium growth of 11%
Thai Life Insurance generated life premium worth Bt40 billion in the first half of the year, with Bt7.57 billion accounted for by first-year premium, up 11 per cent from the same period last year, chief executive officer Chai Chaiyawan said on Monday.
“Our business growth was higher than the overall market, which recorded first-year premium [growth] dropping to 8 per cent,” he said.
Thai Life targets its first-year premium totalling Bt17 billion this year, some 15 per cent above the full-year level for 2017, the CEO added.
