Company Overview

Business Description

Sector
Financials
Industry
Insurance
Headquarters
Thailand TH
Employees
4 308
IPO date
Jul 25, 2022

Thai Life Insurance sells life and health insurance in Thailand. Its main products include protection policies, savings-style life policies, and health coverage for individuals, families, and some business customers. The company also works with agents and bank partners to reach customers who want long-term financial protection and a payout for death, illness, disability, or policy maturity.

The company makes money mainly from insurance premiums paid by policyholders. It also earns investment income by investing the premiums it collects before claims are paid. Like most life insurers, it does not sell a physical product; it sells a contract that promises future financial support if a covered event happens.

What makes this business different is the long-term relationship with customers. People often keep these policies for many years, so the company has to price risk carefully, manage claims, and invest conservatively. Thai Life Insurance sits in the middle of the savings and protection market, helping households turn regular premium payments into financial security and planned payouts later on.

Thai Life Insurance PCL Investor Relations

Address
123 Ratchadaphisek Road, Din Daeng Subdistrict
Bangkok, Bangkok Metropolis
Thailand

Business Segments

Individual life insurance

This segment sells life policies to people who want protection, savings, or both. It includes term, endowment, whole-life, and similar policies that pay benefits on death, maturity, or other covered events.

Customers and revenue model

Group insurance

This segment provides life and related coverage to employees or members under a single contract. It is used for basic protection, accident cover, and employee benefit plans.

Customers and revenue model

Health and riders

Description, customers and revenue model

Management

Mr. Chai Chaiyawan

CEO & Director

Biography unavailable

Ms. Varang Chaiyawan

Deputy CEO & Director

Biography unavailable

Mr. Thanya Jarernsuk

Secretary to the Board of Directors & Executive Director

Biography unavailable

Mr. Kean Hin Lim

President

Biography unavailable

Mr. Vanich Chaiyawan

Chairman Emeritus

Biography unavailable

Mr. Michael Heang Ly

Senior EVP & CFO

Biography unavailable

Ms. Chutima Chandrakulsiri

Senior Vice President of Accounting

Biography unavailable

Ms. Valya Kruatrachue

Senior Vice President of Investor Relations Office

Biography unavailable

Mr. Chitpong Niruchtapun

VP & Head of the Compliance Department

Biography unavailable

Mr. Nitipong Pruchyanimit

Senior EVP & Chief Marketing Officer

Biography unavailable

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