INSURANCE
Bangkok Life on course to beat target
- Published: 15 Nov 2012 at 00.00
- Newspaper section: Business
The SET-listed Bangkok Life Assurance (BLA) expects to exceed the target by a small margin at the end of this year despite its shift to lean more on long-term savings insurance to achieve higher profit margins.
The insurer has met its growth target although the share of savings plans now exceeded that of life protection policies, according to president Chone Sophonpanich.
The company earlier projected 15-20% growth this year in terms of gross written premiums.
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