Thursday, February 20, 2020

Muang Thai on target for Bt28-bn year

Aug 27. 2019
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By The Nation

Muang Thai Life Assurance Plc is confident of the first year premium Bt28 billion by year’s end after seeing a 25-per-cent hike in sales of new premium health policies in the first seven months of 2019 compared to the same period last year.

President and chief executive Sara Lamsam said on Tuesday its life insurance and non-life insurance sales grew an average 10 per cent in the first seven months.

However, its overall premium revenues declined by 13 per cent in the same period due to some customers’ contracts expiring as others suspending payment.

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