Krungthai-AXA aims high
- Published: 13 Mar 2013 at 00.00
- Newspaper section: Business
Krungthai-AXA Life Plc, the French-Thai joint venture, has set its sights on business growth of more than double the market rate, boosted mainly by strong bancassurance, the agency channel and group insurance.
"The Office of the Insurance Commission estimates growth of the life insurance industry at 15-16% from total premiums of 390.47 billion baht in 2012," said chief executive David Korunic.
"We aim for our business growth to far outpace that rate."
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