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Aug. 2--Muang Thai Life Assurance Co is confident of reaching its projection of at least 20 percent growth in premium income this year, with the help of a new multi-market distribution campaign.
President Sara Lamsam said that thanks to the satisfactory income from renewal premiums, the first-half performance of Muang Thai was better than expected, with 25 percent growth, higher than the previous projection of 21 percent.
Mr Sara said premiums from new businesses or first-year premiums increased only 2 percent. However, the low growth was above the average for the entire industry, which was negative.
According to statistics from the Thai Life ...