Press Releases
14 November 2024
Thai Life Insurance reported the financial results for the first nine months of 2024, achieving net profit of 8,399 Million Baht, an 8.7% increase over the same period last year. This growth was driven by robust gains in both insurance profit and investment profit. The Value of New Business (VONB) reached 5,178 million Baht, with a solid VONB margin of 62.4%, supported by effective execution of the product strategy
15 August 2024
Thai Life Insurance reported first-half result of 2024 with Value of New Business (VONB) of 3,326 Million Baht. VONB margin improved remarkably to 63.7% through an effective execution of the product strategy. Net profit in the second quarter increased by 10.3% from the same period last year to 2,770 Million Baht. The strong growth in the second quarter has brought total six-months net profit to 5,902 Million Baht, 4.6% growth from the same period last year
15 May 2024
Thai Life Insurance reported the first quarter 2024 result with a strong net profit of 3,132 million Baht. Value of New Business or VONB also registered a healthy growth of 7.9% at 1,836 million Baht. VONB margin expanded by 6.1 percentage points to 62.3%. All channels achieved VONB growth due to an effective execution of product strategy and enhancement of channel efficiency
05 March 2024
Thai Life Insurance reported a historical high net profit of 9,707 million Baht driven by strong growth in insurance profit of 12.5%. The Company maintained the second-largest market share in Thailand. Value of New Business or VONB also registered a healthy growth of 5.4% while VONB margin expanded to 62.8% in 2023 due to an effective execution of product strategy. As a result of strong operating profit, Embedded Value (EV) registered a solid growth of 10.6% to 160,580 million Baht or equivalent to 14 Baht per share.
17 January 2024
Thai Life announces expiry of bancassurance contract with CIMBT
20 November 2023
Thai Life Insurance reported nine-month result of 2023 with Value of New Business (VONB) of 5,366 Million Baht. VONB margin improved to 62.4% through an effective execution of product strategy. Net profit for nine-month period is 7,729 million, consisting of insurance profit which increased by 5.8% from the same period last year.
15 August 2023
Thai Life Insurance reported first-half result of 2023 with Value of New Business (VONB) of 3,289 Million Baht. VONB margin improved to 57.6% through an effective execution of the product strategy. Net profit in the second quarter increased by 24.4% from the same period last year to 2,512 Million Baht mainly driven by improved insurance profit. The strong growth in the second quarter has brought total six-months net profit to 5,640 Million Baht.
12 July 2023
The Stock Exchange of Thailand congratulates TLI for joining SET50
30 June 2023
Thai Life Insurance selected in ESG Emerging for 2023
12 May 2023
Thai Life Insurance reported a net profit of 3,129 Million Baht for the first quarter result of 2023, with Value of New Business (VONB) increase of 8.7% and an Annual Premium Equivalent (APE) of 3,028 Million Baht due to the growth of all distribution channels and the effective execution of our product strategy
24 February 2023
Thai Life Insurance announced a high profit of 9.265 billion baht for its 2022 operating performance. First-year premiums, calculated annually, increased by 13%, while VONB increased by 31% as a consequence of growth in all sales channels in accordance with the multi-channel strategy and long-term profitable product development in response to the vision of being a sustainable life insurance company,
15 November 2022