Saturday May 25, 2019 08:28

Stcoks Press Release : 08 Mar 2019

Photo Release: AEON gives hefty prizes for the lucky winners of the AEON Happy Pay campaign Stcoks—08 Mar 19

Recently, Ms. Saranya Pipoppinyo (5th from left), Vice President Marketing of AEON Thana Sinsap (Thailand) Public Company Limited awarded prizes to the lucky winners of the "AEON Happy Pay" campaign. The grand giveaway comprises of three prizes of gold

Fitch Ratings: Thai Life Insurers Shift Product Focus, Intense Competition Looms Stcoks—08 Mar 19

Bangkok--8 Mar--Fitch Ratings
Link to Fitch Ratings' Report(s): Thailand Life Insurance Market Dashboard 2019

Thai life insurers' credit profiles can benefit from paying more attention to the quality of their revenue sources, particularly those companies operating in a challenging environment, Fitch Ratings says. Intense competition in some product lines is looming in Thailand's life insurance industry, which Fitch believes will put pressure on profitability.

Some leading life insurers recently made the strategic shift to focus more on their earning quality. This action aligns with Fitch's opinion that concentrating more on sustainable revenue quality can help the companies' credit profiles amid a low-yielding environment and a more stringent regulatory landscape.

Growth of the Thai life insurance industry used to be propelled by sales of single-premium products and large-ticket, savings-type insurance plans. Some leading domestic life insurers have already started to amend their product offerings, after expecting hurdles triggered by associated risks and the industry's new accounting practices. The companies now focus more on protection lines, which provide a healthier profit margin and stable premium revenue.

Thai Life Assurance Association estimates the country's life premiums will grow 3%-5% in 2019, a s

KTC partners with CRG in launching major Frequent Eatery and Win Trip to Maldives Stcoks—08 Mar 19

Mrs. Pranaya Nithananon, Vice President - Credit Card Business, "KTC" or Krungthai Card Public Company Limited, jointly with Central Restaurants Group Company Limited (CRG), Thailand's business leader in food networks, launch the "Frequent Eatery and Win