Southeast Asia, Greater China and Japan will remain the three pillars of Axa Group as it grows its business in the coming years, the Paris-based insurer says, noting that the Thai insurance industry is poised for an upward growth trend from 2022 onwards.
In an exclusive interview with the Bangkok Post, chief executive Thomas Buberl said Asia now contributes roughly 20% to Axa Group worldwide, and the contribution is likely to increase given the immense potential of the continent and a forecast of slower growth in other parts of the world.
"We believe that the business in Asia will continue to grow," he noted during a visit to Thailand to celebrate the 25th year of KTAXA, a joint venture with Krungthai Bank.
