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Thai Life sets standard: Firm to go beyond capital requirements.
Byline: Charoen Kittikanya
Dec. 9--Thai Life Insurance, the country's second-largest life insurer, has pledged to set the standard in financial security for the industry, aiming to raise its capital fund well beyond the requirements of the new national insurance master plan.
"We want to become the life firm that maintains the highest capital fund measured by assets, registered capital, revenue and expense," said Preedee Kwan-ngam, Thai Life's executive vice-president.
The company is studying a formula and the appropriate amount to be raised.
The capital fund is the portion of an insurer's assets that is in excess of its liabilities in ...
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