Chinese want to use yuan to buy policiesThe company reports good synergy between the two main shareholders: Krungthai Bank and AXA Group, a global life insurance, health insurance and asset management group. "Allowing them to buy insurance products in Thailand could facilitate foreign investors wanting to mitigate risks by diversifying their investments," he said. "The low insurance penetration rate means the industry still has ample room to grow in Thailand," said Mr Knattapisit. The company said there is good synergy between Krungthai Bank and AXA Group, a global life insurance, health insurance and asset management group. The synergies contribute to Krungthai AXA-Life's strong financial position in life insurance, noted Mr Knattapisit.

Source: Bangkok Post February 11, 2026 22:47 UTC