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Bangkok Post
Bangkok Post
Business

Axa predicts substantial revenue growth

Axa Insurance Thailand France
Mr Seigne, centre, at the 39th International Motor Expo on Dec 1. Axa Insurance is the official insurance sponsor of the event.

Axa Insurance Plc, a Thai unit of the France-based global insurer Axa Group, aims to increase its revenue to 5.2 billion baht in 2023, up from an estimated 4.8 billion this year, by focusing on new products and expanding ties with strategic partners.

Claude Seigne, chief executive of the Thai unit, said the company expects a "Himalayas-like leap" in premiums next year, with profit exceeding the 220 million baht projected for 2022. Axa Insurance estimates growth of about 20% from 2021.

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