Reference
·Primary source
OIC Longevity-Risk Reinsurance: Krungthai-AXA, AIA, FWD, Bangkok Life
70%+ longevity risk transferred via reinsurance wrapper
The Office of Insurance Commission Longevity-Risk Reinsurance Guideline (February 2026) standardises mortality tables for Thai 60+ cohorts using the NSO 2024 Survey of Older Persons baseline supplemented by NESDC longevity projections to 2040. Capital relief is granted to AXA Re, Munich Re and Swiss Re backstops covering 70 percent or more of longevity risk. Krungthai-AXA Life supplies KBank and KrungThai reverse mortgage products; AIA Thailand provides a Lifelong Income annuity product pairing reverse mortgage lump-sum proceeds with monthly tenure income; FWD positions life-insurance benefit as heir-protection via Krung Thai bancassurance; Bangkok Life (SET:BLA) bundles equity-release-linked annuity with the Bangkok Bank retiree channel. The longevity-risk premium runs 50 to 90 basis points inside the deferred-interest accrual.
Figure in context
The Office of Insurance Commission Longevity-Risk Reinsurance Guideline (February 2026) standardises mortality tables for Thai 60+ cohorts using the NSO 2024 Survey of Older Persons baseline supplemented by NESDC longevity projections to 2040. Capital relief is granted to AXA Re, Munich Re and Swiss Re backstops covering 70 percent or more of longevity risk. Krungthai-AXA Life supplies KBank and KrungThai reverse mortgage products; AIA Thailand provides a Lifelong Income annuity product pairing reverse mortgage lump-sum proceeds with monthly tenure income; FWD positions life-insurance benefit as heir-protection via Krung Thai bancassurance; Bangkok Life (SET:BLA) bundles equity-release-linked annuity with the Bangkok Bank retiree channel. The longevity-risk premium runs 50 to 90 basis points inside the deferred-interest accrual.
The Office of Insurance Commission Longevity-Risk Reinsurance Guideline (February 2026) standardises mortality tables for Thai 60+ cohorts using the NSO 2024 Survey of Older Persons baseline supplemented by NESDC longevity projections to 2040. Capital relief is granted to AXA Re, Munich Re and Swiss Re backstops covering 70 percent or more of longevity risk. Krungthai-AXA Life supplies KBank and KrungThai reverse mortgage products; AIA Thailand provides a Lifelong Income annuity product pairing reverse mortgage lump-sum proceeds with monthly tenure income; FWD positions life-insurance benefit as heir-protection via Krung Thai bancassurance; Bangkok Life (SET:BLA) bundles equity-release-linked annuity with the Bangkok Bank retiree channel. The longevity-risk premium runs 50 to 90 basis points inside the deferred-interest accrual.
Time scope
FY2026-FY2027 reinsurance window
Source basis
Primary source
Interpretation notes
What this tells you
The Office of Insurance Commission Longevity-Risk Reinsurance Guideline (February 2026) standardises mortality tables for Thai 60+ cohorts using the NSO 2024 Survey of Older Persons baseline supplemented by NESDC longevity projections to 2040. Capital relief is granted to AXA Re, Munich Re and Swiss Re backstops covering 70 percent or more of longevity risk. Krungthai-AXA Life supplies KBank and KrungThai reverse mortgage products; AIA Thailand provides a Lifelong Income annuity product pairing reverse mortgage lump-sum proceeds with monthly tenure income; FWD positions life-insurance benefit as heir-protection via Krung Thai bancassurance; Bangkok Life (SET:BLA) bundles equity-release-linked annuity with the Bangkok Bank retiree channel. The longevity-risk premium runs 50 to 90 basis points inside the deferred-interest accrual.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
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Report context
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