Reference
·Primary source
Bangkok Life Assurance (BLA) FY2024 net profit growth
+~18% YoY
Bangkok Life Assurance (SET:BLA), the bancassurance-anchored carrier with Bangkok Bank as principal distributor, reported FY2024 net profit of approximately THB 3.5 billion per its SET filing, up roughly 18% year-on-year from THB 2.95 billion in FY2023. The lift reflected stronger investment yield, disciplined new-business strain, and improved health rider claims ratios. BLA writes through Bangkok Bank's 1,000+ branch network and a smaller tied-agent force. The company's solvency capital ratio remains well above OIC 140% minimum throughout 2024.
Figure in context
Bangkok Life Assurance (SET:BLA), the bancassurance-anchored carrier with Bangkok Bank as principal distributor, reported FY2024 net profit of approximately THB 3.5 billion per its SET filing, up roughly 18% year-on-year from THB 2.95 billion in FY2023. The lift reflected stronger investment yield, disciplined new-business strain, and improved health rider claims ratios. BLA writes through Bangkok Bank's 1,000+ branch network and a smaller tied-agent force. The company's solvency capital ratio remains well above OIC 140% minimum throughout 2024.
Bangkok Life Assurance (SET:BLA), the bancassurance-anchored carrier with Bangkok Bank as principal distributor, reported FY2024 net profit of approximately THB 3.5 billion per its SET filing, up roughly 18% year-on-year from THB 2.95 billion in FY2023. The lift reflected stronger investment yield, disciplined new-business strain, and improved health rider claims ratios. BLA writes through Bangkok Bank's 1,000+ branch network and a smaller tied-agent force. The company's solvency capital ratio remains well above OIC 140% minimum throughout 2024.
Time scope
FY2024 vs FY2023
Source basis
Primary source
Interpretation notes
What this tells you
Bangkok Life Assurance (SET:BLA), the bancassurance-anchored carrier with Bangkok Bank as principal distributor, reported FY2024 net profit of approximately THB 3.5 billion per its SET filing, up roughly 18% year-on-year from THB 2.95 billion in FY2023. The lift reflected stronger investment yield, disciplined new-business strain, and improved health rider claims ratios. BLA writes through Bangkok Bank's 1,000+ branch network and a smaller tied-agent force. The company's solvency capital ratio remains well above OIC 140% minimum throughout 2024.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand life insurance industry gross written premium (2020-2024)
Thai Life Assurance Association, Office of Insurance Commission, Bangkok Post insurance coverage
Thailand life insurance product mix share (2024)
Thai Life Assurance Association, OIC quarterly statistical report, AIA Thailand, Krungthai-AXA Life
Thailand life insurance distribution channel mix (2024)
Thai Life Assurance Association, OIC quarterly statistical report, McKinsey ASEAN insurance review
Thailand life insurance top operator market share (2024)
Thai Life Assurance Association, OIC quarterly statistical report, AIA Group annual report, TLI annual report
Thailand life insurance 13-month persistency rate
Thai Life Assurance Association, OIC market conduct report, individual carrier annual reports
Thai Life Insurance (TLI) net profit FY2024
Thai Life Insurance, SET factsheet, Bangkok Post coverage
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.