The Thai Life Assurance Association (TLAA) has revealed that the total premium received in the first half of this year stood at THB289.1bn ($8.1bn), falling by 1.94% compared to the corresponding half in 2021.
This year's Asia Trusted Life Agents & Advisers Awards (the Awards) ceremony on 26 July saw 16 winners from seven markets celebrated for their contributions to the life insurance industry. The winners were chosen from 65 finalists shortlisted from 222 nominations from 12 markets. Due to the uncertain nature of the COVID-19 pandemic, the organisers have chosen to hold the awards presentation virtually.
Shares in Thai Life Insurance (TLI), Southeast Asia's largest initial public offering (IPO) so far this year, closed slightly below the offer price on their first day of trading yesterday, reported Reuters.
Thai Life Insurance has raised THB37.1bn ($1bn) from an initial public offering, the largest share sale by a Thai firm in more than a year, reported Bloomberg.
Thai Life Insurance Public Company Limited (TLI) will strengthen its capital position and retain its 'Favourable' company profile after completing its IPO by end-July 2022, says Fitch Ratings.
The Thai government will stop covering medical expenses of COVID-19 patients outside their normal entitlement starting from today unless their condition is critical.
Dhipaya Insurance has a track record of strong operating performance with a five-year average combined ratio and operating ratio of 80% and 70%, respectively (2017-2021), points out AM Best.
Thai Life Insurance (TLI) said yesterday that it was seeking to raise up to $1bn in an initial public offering (IPO) next month, pricing shares at THB16 ($0.45) each in what could be the region's largest IPO this year, reported Reuters.
The Office of Insurance Commission (OIC) is looking into establishing a National Insurance Bureau (NIB), whose function would be similar to those of credit bureaux.
A survey by Milieu Insight on 'Financial Independent, Retire Early' (FIRE) finds out how common the FIRE movement is among Southeast Asians.