KASIKORNBANK Financial Overview
K
EXCELLENCE
Life Insurance Industry in Thailand
(%)
16
12
262840
15.4
13.9
7.0
Taiwan
South Korea
Premium per % GDP by Country
7.0 4.6 4.3 3.1
Singapore
Australia
■Y2010 Y2011
Y2009
Source: Swiss Reinsurance
3.3
3.4 3.2
2.5 1.8
2.6 2.7
3.0
1.01.1 0.70.8 0.60.7
India
Malaysia
China
Thailand
Indonesia
Philippines
Vietnam
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
■In 2011, Low penetration rate of 2.7% in Thailand,
with a high opportunity for growth
■Muang Thai Life Assurance (MTL) ranked #2 in life
insurance industry in Thailand, in 1Q13
13.6% market share by total premium
16.9% market share by new business premium
Size of Market by Premium (%)
Market Share by Total Premium in Life Insurance (%)
Total Premium
(Bt bn)
First Year Premium
(Bt bn)
(%)
500
400
CAGR'03-'12: 13%
391.41
100
328.6
296.3
259.2
80
300
200
133.1 151.1 166.8 173.3 202.5 222.0
60
109.6
40
100
0
20
3225050
■ 2011 ■ 2012 ■1Q13
23.8
26.3
13.6
15
12.1
11.1
10.2
10
7.9
7.6
12.49
12.
10.7
5.2
8.9
3.1
3.1
2.4
5.
ΑΙΑ
MTL
BLA
TLI SCBLife KTAL AZAY TLA
OLIC ING
Others
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 1Q13*
Total Premium
First Year Premium
Source: The Thai Life Assurance Association
* First Year Premium in 1Q13 = Bt25.47bn
Source: The Thai Life Assurance Association
Note: Total Premium = New Business Premium + Renewal Premium; New Business Premium = First Year Premium + Single Premium
บริการทุกระดับประทับใจ
69
K
EXCELLENCE
Bancassurance Highlights in 1Q13
3200
Bancassurance Market Share by Total Premium (%)
(%)
22.7
20.6
20.3
2011 2012 1Q13
10.8
22.3 15.0 25.3 11.3 6.4
6.8. 48.4 3.3.8 2.6.8
2.4
MTL
BLA SCBLife KTAL TLA TLI AZAY ΑΙΑ
ING
PLT
Bancassurance Market Share by
New Business Premium (%)
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
The Bancassurance Life industry continued
its positive trend in 1Q13 with total premium
growth of 42% and new business premium
growth of 60%
MTL ranked #1 in Bancassurance market
#1 in Bancassurance total premium with
22.7% market share and 39% growth
#1 in Bancassurance new business
premium with 23% market share and
45% growth
(%)
30
30
23.0
2011 2012 1Q13
20
20
18.9
16.5
12.2
8.7
10
4.6
3.9
23.5 9.8
24.2 10.4 10.7
2.8
0.0
2.7
27
0
MTL BLA SCBLife TLA KTAL
AIA TLI
DLA PLT ING
Source: Muang Thai Life Assurance (MTL)
บริการทุกระดับประทับใจ
70
70View entire presentation