Muang Thai Life Assurance (MTL) is partnering with Line BK, a provider of social banking services, to introduce an insurance brokerage service that primarily caters to those with lower incomes and freelancers.
Vietnam, Indonesia, Thailand, and the Philippines face unique emerging risks, resulting in distinct nuances within their insurance sectors, says the Singapore-headquartered regional InsurTech company, Igloo.
Creditors of Syn Mun Kong Insurance Public Company (SMK), which was rendered insolvent by the weight of COVID-19 pandemic claims, will vote on a business rehabilitation plan for the insurer on 27 September 2023.
Dhipaya Group Holdings has launched Insurverse, said to be Thailand's first digital-only insurance company to meet the needs of the younger generation's digital lifestyles.
Muang Thai Life Insurance reported modest growth in 2Q2023 and maintained its solid business profile, says CreditSights in a report.
The majority (56%) of consumers polled in Capco's 2023 survey of insurance policyholders in Thailand will consider sharing additional personal data with insurers in order to secure more personalised services. 52% will do so to enhance the claims process and other benefits.
Thai Reinsurance has posted a 425% upsurge in net profit to THB65m ($1.84m) in 2Q2023 from the corresponding quarter in 2022, according to Mr Oran Vongsurapichet, the company's CEO.
FWD Group Holdings Limited marked its 10th anniversary since the FWD brand was introduced on 14 August 2013, by announcing its '10 grants in 10 markets' charitable initiative for local communities.
The 8th Asia Trusted Life Agents & Advisers Awards (ATLAA) concluded yesterday evening, celebrating 16 winners recognised for their outstanding contributions and performance.
Thailand's Finance Minister Arkhom Termpittayapaisith has proposed that the insurance regulator, the Office of Insurance Commission (OIC) consider risk-based pricing of insurance products.