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Bangkok Post
Bangkok Post
Business

Muang Thai Life reports 6% premium growth

Consumer awareness of health insurance has improved, but purchasing power has been pressured by higher living costs, rising oil prices and global economic volatility, says Muang Thai Life chief executive Sara Lamsam.

Muang Thai Life Assurance (MTL), a leading Thai life insurer, is bullish about its performance in the second quarter after steady premium renewals and sound demand for health protection products pushed the company's total premiums to grow 6% year-on-year over the first four months.

Chief executive Sara Lamsam said renewal premiums continued to record positive momentum during January-April despite mounting economic uncertainty and inflationary pressures.

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