muang thai life assurance (mtl) · source: the thai life assurance association industry january -...
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Market Position
June 2015
MTL ranked No. 1 in the industry in New Business Premium which was equivalent to
4,564.28 MB, with market share at 26.94% and 22.87% growth rate (YoY).
MTL ranked No. 1 in the industry in First Year Premium which was equivalent to
3,445.55 MB, with market share at 28.45% and 75.57% growth rate (YoY).
MTL ranked No. 2 in the industry in Total Premium which was equivalent to 9,149.60 MB, with market share at 18.96% and 20.35% growth rate (YoY).
Overall life insurance industry recorded Total Premium of 48,259.77 MB with growth
of 6.39% (YoY) which is separated into New Business Premium of 16,942.44 MB with
growth of 15.76% and Renewal Year Premium of 31,317.33 MB with growth of 1.92%
(YoY).
January – June 2015 MTL ranked No. 1 in the industry in New Business Premium which was equivalent to
20,369.07 MB, with market share at 24.76% and 5.17% growth rate (YoY).
MTL ranked No. 1 in the industry in First Year Premium which was equivalent to
14,196.58 MB, with market share at 24.72% and 22.06% growth rate (YoY).
MTL ranked No. 2 in the industry in Total Premium which was equivalent to 46,105.42 MB, with market share at 17.54% and 16.90% growth rate (YoY).
Overall life insurance industry recorded Total Premium of 262,834.33 MB with growth
of 2.79% (YoY) which is separated into New Business Premium of 82,275.81 MB with
growth of 10.75% and Renewal Year Premium of 180,558.52 MB with growth of
10.43% (YoY).
Key Information
Company Profile: 6 April 1951 Date of establishment
1 October 2012 Conversion to public company limited
Registered Capital: 1,000 million Baht
Shareholding Proportion:
1. Muang Thai Group Holding Co., Ltd. 75.00 % 2. Ageas Insurance International N.V. 24.99 % 3. Others 0.01 %
Vol. 7 l August 2015
Total Premium
Industry 2.79% Growth
Industry 6.39% Growth
Highlight Products
*Subject to the features and conditions of the policy
432%547% 517% 190,711
240,240 265,216
Muang Thai Super Saver 25/16 Happy Saving 20/8 Online
Rating Outlook A- Stable
Rating Outlook AAA Stable
Rating Outlook BBB+ Stable
Rating axA+ (Asean)
Muang Thai Life Assurance (MTL)
The Company for Forward Thinking People
New Business Premium
Source: The Thai Life Assurance Association
June January - June
MTL #1
22.87% Growth
MTL #1
5.17% Growth
Industry 15.76% Growth
Industry -10.75% Growth
MTL #2
20.35% Growth MTL #2
16.90% Growth
(As of 16 Jun 15)
Credit Ratings
(Unit: Million Baht)
Investor Relations Team – Corporate Secretariat Department
Total Assets Capital Adequacy Ratio (CAR)
Remarks: - Asset data has been reviewed by the Certified Public Account. - Calculation of the Company’s capital is in accordance with
Risk-Based Capital (RBC) regime.
Life coverage up to 150%* Annual cash back totaling 33%* Total benefit throughout the contract up to 183%*
Head Office: In Bangkok Branches: 160 Agent Offices: 69 (as the end of 2014) Network Hospitals: 388
Representative Office in Yangon
Coverage in case of death up to 600,000 Baht*
2 times of compensation in case of accident death.
3 times of compensation in case of public accident death.
(As of 12 Dec 14)
2014 2015 2014 2015 2014 2015 2014 2015
2014 2015 2014 2015 2014 2015 2014 2015
June January - June
International National
International National
Financial Highlight
MTGH
75.00%Others 0.01%
Ageas24.99%
13 14 Q1/15 13 14 Q1/15
Benefit up to 180%* Receive cash back of 3% every 2 year* Entitle for tax deduction* คารกษาพยาบาลตอเนอง
Buy Now!
Investor Relations Team – Corporate Secretariat Department
MTL Service & Touch Point
Payment Channels Click Here
2 Nov. 2014: Won “Life Insurance Company of the Year Award” MTL received the “Life Insurance Company of the Year 2014” award from the Asia Insurance Industry Awards 2014 organized by Asia Insurance Review Magazine. This is an award given to life insurance Company in Asia that has displayed outstanding business development in every dimension which serves as another proud moment for the Thai business sector in being able to win this highly prestigious regional award in Asia.
พอคดเลอกและมอบรางวลใหแกโรงพยาบาลคสญญาทไดรบยกยองวาเปนผใหบรการดานการประกนสขภาพรวมกบบรษทฯ ไดอยางดเยยม โดยมงหวงใหโครงการนชวยยกระดบมาตรฐานการบรการดานประกนสขภาพพรอมกบตอบสนองความพงพอใจแกผเอาประกน
พอคดเลอกและมอบรางวลใหแกโรงพยาบาลคสญญาทไดรบยกยองวาเปนผใหบรการดานการประกนสขภาพรวมกบบรษทฯ ไดอยางดเยยม โดยมงหวงใหโครงการนชวยยกระดบมาตรฐานการบรการดานประกนสขภาพพรอมกบตอบสนองความพงพอใจแกผเอาประกน
14 Nov. 2014: Honored for the 8th consecutive year with the ‘Life Insurance Company with Outstanding Management 1st Place Award for 2013’, which was presented at the Prime Minister’s Insurance Awards 2013 event organized by the Office of Insurance Commission (OIC), reiterating the Company’s outstanding quality and standard management that has been driven under the principle of good governance that fosters security, strength, and determination to offer service of excellence in order to respond to the needs of every insured.
พอคดเลอกและมอบรางวลใหแกโรงพยาบาลคสญญาทไดรบยกยองวาเปนผใหบรการดานการประกนสขภาพรวมกบบรษทฯ ไดอยางดเยยม โดยมงหวงใหโครงการนชวยยกระดบมาตรฐานการบรการดานประกนสขภาพพรอมกบตอบสนองความพงพอใจแกผเอาประกน
พอคดเลอกและมอบรางวลใหแกโรงพยาบาลคสญญาทไดรบยกยองวาเปนผใหบรการดานการประกนสขภาพรวมกบบรษทฯ ไดอยางดเยยม โดยมงหวงใหโครงการนชวยยกระดบมาตรฐานการบรการดานประกนสขภาพพรอมกบตอบสนองความพงพอใจแกผเอาประกน
International Standard Certification ISO 9001:2008
Ref. No. TH98/1709
Life Insurance Company of the Year 2014
Corporate Social Responsibility Award 2013
From Asia Insurance Review Magazine
Superbrands Awards 2006 from Superbrands International
Superbrands Awards 2008-2014 from Superbrands Thailand
Outstanding Ethics Award 2005
From Thai Chamber of Commerce
Q-MARK from Board of Trade of Thailand,
The Federation of Thai Industries and
The Thai Bankers’ Association
Trusted Brand Award Gold Category 2010-2013
From Reader’s Digest Magazine
Award and Recognition
MTL: Happenings
Life Insurance Company with Outstanding Management 1st Place Award
For 8 consecutive years (2006-2012)
Winner and Honor of the Prime Minister’s Insurance Awa*Subject to the features and conditions of the policy
ommission (OIC)
23 July 2015: Muang Thai Marathon 2015
Mrs. Kobkarn Suriyasat Wattanavrangkul, Minister of Tourism and Sports, was the chairperson in
the press conference of “Muang Thai Marathon 2015” presented by Muang Thai Life Assurance
Public Company Limited. This is the first marathon series in Thailand which will be held at 4 fields
across 4 regions in order to promote people’s good health, support Thai tourism and spread
happiness. Mr. Sara Lamsam, President and Chief Executive Officer of Muang Thai Life Assurance,
and Mrs. Lukkana WIROJ Senior Vice President of The Mall Group, also participated in the
conference at Water Garden, the EmQuartier.
1 August 2015 – 31 October 2015 “Happy Me Healthy Mom”
“Muang Thai Smile Club” welcomes the Mother’s Day festival by persuading you to express your
love to your mother with healthcare from 12 leading hospitals under Bangkok Hospital network.
By simply presenting Muang Thai Smile Club card, you will receive special discount for health
checkup package, checkup of breast cancer, cervical cancer or osteoporosis. This privilege is
available from 1 August to 31 August 2015. For more information and special prices, please
contact the hospitals directly by calling 1719.