Press Releases

Thai Life Insurance Public Company Limited (TLI) reported its results for the first half of 2025. Value of New Business (VONB) registered at 4,258 million Baht, a 28.0% increase year-on-year. This growth was driven by an increase in sales across all distribution channels. It was supported by effective product strategies, particularly health rider products, despite the impact of a declining interest rate environment. Under the new accounting standards, net profit remained strong at 6,328 million Baht, representing a net profit margin of 23.0%.

Mr. Chai Chaiyawan, Director and Chief Executive Officer of Thai Life Insurance Public Company Limited, or TLI, disclosed that VONB growth was contributed by sales expansion across all channels. Annualized Premium Equivalent (APE) for the first half of 2025 registered strongly at 6,725 million Baht, a 28.7% growth year-on-year, with robust momentum in the agency channel, particularly from health rider sales. The partnership channel also contributed significantly through collaboration in product development initiatives that effective addressed customer needs.

Net profit, excluding extraordinary items and market volatility, reached 5,955 million Baht, growing 11.3% year-on-year. Insurance profit remained a key driver at 5,069 million Baht. Core investment profit also increased in line with the expansion of investment assets and the insurance business.

As of June 30, 2025, Thai Life’s investment portfolio remained well-diversified domestically and internationally, with over 85% of investment assets in investment-grade fixed income securities.

The sustainable operation performance reflected in an increase of 9.9% in Embedded value from year-end 2024 to 198,701 million Baht, or 17.4 Baht per share. The capital adequacy ratio (CAR) stood at 577.9%, well above the regulatory minimum of 140%, demonstrating the company’s strong financial foundation for sustainable growth.

Thai Life continues to focus on sustainable growth, product innovation, and service efficiency to deliver a seamless customer experience. The “Thai Life Insurance Mobile Application” has been enhanced as a primary platform for customers to access policies and coverage information anytime, anywhere. In addition, the application also extended healthcare services, Thai Life Health Care Solutions, such as Telemedicine and Thai Life Hotline.

The company also launched the Agency Super Application (TL SMART) to improve agent productivity via an integrated dashboard that streamlines recruitment process including business opportunity creation, career planning, sales simulations, licensing, and continuous learning to support career development.

Mr. Chai added that, Aligned with Thai Life’s vision to be a value-driven life insurance company of sustainability for stakeholders, the company has integrated ESG principles into its business strategy, encompassing economic, social, environmental and governance dimensions. Thai Life Insurance received several awards reflecting its commitment to sustainable business practices, including its inclusion in the ESG100 list of the ThaiPat Institute for the third consecutive year, the Asia Responsible Enterprise Award (AREA) 2025 in the "Investment in People" category for its "Thai Life Insurance: Enhancing Opportunities, Creating Careers" program, and three regional awards at the Alpha Southeast Asia Awards 2025: Strongest Adherence to Corporate Governance, Most Organized Investor Relations, and Best Senior Management Investor Relations Support. These recognitions reflect Thai Life’s strong governance, transparency, management excellence, and proactive investor engagement, reinforcing its credibility and international investor confidence.