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<a href="http://www.accessmylibrary.com/article-1G1-120419848/thai-life-insurer-claims.html" title="Facts and information about Thai Life Insurer Claims Improvement in Performance Will Boost Profit.">Thai Life Insurer Claims Improvement in Performance Will Boost Profit.</a>
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Thai Life Insurer Claims Improvement in Performance Will Boost Profit.
Jun. 4--Ayudhya Allianz C.P. Life Plc, formerly Ayudhya CMG Life Assurance Plc, projects another year of profitability this year due to its increased return on investments and improved economies of scale.
"Our performance has improved significantly in all key areas, including policy retention rate and expense ratio," said Chris Lossin, president of Ayudhya Allianz C.P. Life (AACP).
AACP's policy persistency rate, based on the 19-month standard of 75.8 percent , was among the top in the industry, with the average premium per policy of 45,526 baht, he said.
AACP, a joint venture of Bank of Ayudhya, the Germany-based Allianz Group and the Charoen ...
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