KBank's Strategic Acquisition in Muang Thai Group Holding slide image

KBank's Strategic Acquisition in Muang Thai Group Holding

K KASIKORNTHAI ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK MTL Investment Portfolio and Insurance Premium MTL Investment Portfolio: Fixed Income accounted for around 83% MTL Total Premium Jry# #72H# Erqg 8517 ( Total Premium Growth MTL Industry (%YOY) Y2019 -11% -3% Y2020 -10% -2% 19.9 Y2021 -3% 2% Y2022 -5% 0% 1Q23 18% 4% 1Q23 ■Total Premium 2020 New Business Premium 2021 2022 Renewal Year Premium Ghsrvlw 316 P ruwjdjh# Toynwwp hqwSurshuw 31; ( Ordq 318 ( Vwrfn 50 4318 ( Qrwh 615 ( 40 30 Sraf #Ordq 20 617 ( 10 XqlwWuxvw 5k ( 2019 "FFFF| (bn) 90 Ghehqwxuh 581: ( 100% Assets Under Management (AUM)* (31 Mar 23): Bt 588,336 bn MTL Total Premium by Products: Ordinary product accounted for around 84% in 1Q23 80% 60% 40% 20% 0% 2019 Group 2020 Personal Accident *Remark: Invested Assets + Investment Property K 2021 ■Industrial 2022 1Q23 Ordinary Source: The Thai Life Assurance Association MTL Total Premium by Channels: Bancassurance accounted for about 46% in 1Q23 100% 80% 60% 40% 20% 0% 2019 ■ Other 2020 ■Direct Marketing 2021 2022 1Q23 ■Bancassurance ■ Agents Source: The Thai Life Assurance Association (TLAA)/2019 - 3Q22 data from TLAA monthly report (new format) บริการทุกระดับประทับใจ KASIKORNTHAI MTL International Business Expansion ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK MTL Current International Business Project (On-going) Cambodia Company Name Sovannaphum Life Assurance Dara Insurance Plc. Plc. Lao PDR ST-Muang Thai Insurance Co., Ltd. Vietnam MB Ageas Life Insurance Co., Ltd. Entry Strategy เมืองไทย Joint Venture with Canadia Investment Holding Plc. Joint Venture with Individual Shareholders Ownership by MTL 49% 25% Joint Venture with ST Group Co., Ltd and Muang Thai Insurance Company Limited (MTI) Joint Venture with Military Bank and Ageas 22.5% 10% Myanmar Operation Year 2015 2018 2016 2017 2014 Business Operation Life Insurance General Insurance Composite Insurance (Life & General) Life Insurance Representative Office บริการทุกระดับประทับใจ 101 102
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