Currency and Interest Rate Outlook slide image

Currency and Interest Rate Outlook

K KASIKORNTHAI Life Insurance Industry in Thailand (%) 20.0 17.5 16.5 15.0 -17.9 10.0 6.15.8 5.0 6.6 Total Premium (Bt bn) Taiwan South Korea Premium per % GDP by Country 6.2 6.0 2.11.5 2.7 2.8 3.3 3.4 Singapore _ Australia ! India Malaysia_ Source: Swiss Reinsurance ■Y2017 Y2018 Y2019 2.32.3 3.6 3.6 3.3 1.51.4 1.3 China Thailand Size of Market by Premium(%) CAGR'11-20: 7% Indonesia Philippines 1.2 1.3 1.6 1.4 Vietnam New Business Premium ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK In 2019, low penetration rate of 3.3% in Thailand with a high opportunity for growth ■Muang Thai Life Assurance (MTL) ranked #4 in life insurance industry in Thailand, in 1H21 with 12.2% market share of total premium #4 in life insurance industry in Thailand, in 2020 Market Share by Total Premium in Life Insurance (%) Source: The Thai Life Assurance Association (%) (Bt bn) 2019 ■2020 ■1H21 700.0 600.0 627.4 500.0 601.7 568.3 537.5 610.9 400.0 503.9 442.5 300.0 391.4 328.6 200.0 100.0 30.0 200.0 600.2 1 24.3 180.0 25.0 24.2 I 160.0 20.0 23.1 140.0 13.4 120.0 294.9 15.0 100.0 15.1 13.7 10.0 12.7 80.0 9.6 60.0 5.0 14.9 15.13.7 12.82.2 9.1 8.5 5.86.1 5.25.2 4.1.3 6.56.4 2.4 2.0 5.8 5.3 4.0 2.4 2.4 1.4-4 6.9 40.0 0.0 20.0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 1H21 AIA FWD TLI MTL KTAL BLA AZAY PLT OLIC SELIC Others New Business Premium Total Premium * New Business Premium in 1H21 Bt83.7bn Source: The Thai Life Assurance Association Note: SCB Life premium is combined with FWD Total Premium = New Business Premium + Renewal Premium; New Business Premium = First Year Premium + Single Premium บริการทุกระดับประทับใจ K KASIKORNTHAI Bancassurance Highlights in 1H21 Bancassurance Market Share by Total Premium (%) ธนาคารกสิกรไทย 开泰银行 KASIKORNBANK (%) 40 2019 ■2020 ■1H21 30.1 30 28.8 20 18.4 19.9 26.1 10.0 10 22.6 11.3 9.0 8.5 7.8 11.7 9.0 8.4 8. 8.3 3.8.2 8. 0 4.2.9 3.5 1.9.8 2.4 1.1.5 1.7 2.2 3.5 1.3 FWD MTL KTAL PLT BLA AIA TLI AZAY SELIC GT Others Bancassurance Market Share by New Business Premium (%) (%) 40 2019 ■2020 ■1H21 30 25.6 30.3 17.6 20 16.3 25.6 10 16.6 18.6 9.9 8.1 6.3 8.1 9.1 9.5 9.4 8. 7.3 22.63.4 2.5 2.9 8.8 8.3 0 FWD MTL AIA PLT KTAL SELIC BLA GT TLI AZAY Others MTL ranked #2 in Bancassurance market #2 in Bancassurance total premium with 18.4% market share #2 in Bancassurance new business premium with 17.6% market share Source: Muang Thai Life Assurance (MTL), The Thai Life Assurance Association (TLAA) monthly report (new format) Note: SCB Life premium is combined with FWD Bancassurance premium include all bank partners' premiums of MTL บริการทุกระดับประทับใจ 93 94
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