Muang Thai Life Assurance Plc’s president and chief executive Sara Lamsam (front row, centre) at the launch of STMuang Thai Insurance, a joint venture with Muang Thai Life Assurance Co Ltd, Muang Thai Insurance, Muang Thai Holding and Laosbased ST Group Co Ltd on Wednesday.
STMuang Thai Insurance will operate life assurance and nonlife insurance businesses in Laos to serve domestic demand. The new venture reflects Muang Thai Group’s ambitions for regional expansion.